£329,281
This estimated value is based upon the latest sale price for the house of £57,750 on 11 Aug 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £57,750 | 11 Aug 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in August 1995 the House Price Index for TYNE AND WEAR was 26.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 470.185%.Applying this 470.185% change to the original purchase price of £57,750 results in an estimated price of approximately £329,281.
| 11 Aug 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 148.6 | 470.185 % | £57,750 | £271,531 | £329,281 |
The Postcode Pricing Model uses changes in average sales price within the NE9 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 213.366 % | £123,218 | £180,968 |
| 3 Month Average | 225.450 % | £130,197 | £187,947 |
| 6 Month Average | 264.258 % | £152,609 | £210,359 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £129,010 | £127,100 | 45 ROBSON STREET |
| 25 Aug 2023 | £126,103 | £125,000 | 11 LOUIE TERRACE |
| 17 Mar 2023 | £114,075 | £113,000 | 37 ROBSON STREET |
| 23 Feb 2023 | £249,832 | £250,000 | 36 HOME AVENUE |
| 15 Aug 2022 | £184,503 | £185,000 | 44 HOME AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 4 Feb 2020.
The average size of a house on ORCHARD GARDENS is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cherrytree Gardens |
| Feb 2024 | Public order | Under investigation | On or near Wesley Street |
| Dec 2023 | Anti-social behaviour | On or near Pimlico Court | |
| Dec 2023 | Anti-social behaviour | On or near Pimlico Court | |
| Dec 2023 | Anti-social behaviour | On or near Pimlico Court |