£128,112
This estimated value is based upon the latest sale price for the house of £127,000 on 5 Apr 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £127,000 | 5 Apr 2024 |
| Terraced |
| Freehold |
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 April 2024 the House Price Index for TYNE AND WEAR was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £127,000 results in an estimated price of approximately £128,112.
| 5 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £127,000 | £1,112 | £128,112 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | 200.838 % | £255,064 | £382,064 |
| 3 Month Average | 28.291 % | £35,929 | £162,929 |
| 6 Month Average | 2.033 % | £2,581 | £129,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £200,000 | £200,000 | 7 SUNNISIDE GARDENS |
| 5 Apr 2024 | £128,113 | £127,000 | 15 TANFIELD ROAD |
| 11 Aug 2023 | £157,847 | £155,000 | 7 EMBASSY GARDENS |
| 9 Jan 2023 | £150,402 | £150,000 | 32 EMBASSY GARDENS |
| 26 Aug 2022 | £167,785 | £167,000 | 8 SUNNISIDE GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Burnopfield Gardens | |
| Jul 2024 | Anti-social behaviour | On or near Burnopfield Gardens | |
| Jun 2024 | Drugs | Offender given a caution | On or near Burnopfield Gardens |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Embassy Gardens |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whickham View |