£157,476
This estimated value is based upon the latest sale price for the house of £66,000 on 17 Apr 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £66,000 | 17 Apr 2003 |
| Flats/Maisonettes |
| 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 2003 the House Price Index for TYNE AND WEAR was 62.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 138.601%.Applying this 138.601% change to the original purchase price of £66,000 results in an estimated price of approximately £157,476.
| 17 Apr 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 148.0 | 138.601 % | £66,000 | £91,476 | £157,476 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 15.315 % | £10,107 | £76,107 |
| 3 Month Average | 82.449 % | £54,416 | £120,416 |
| 6 Month Average | 127.999 % | £84,479 | £150,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £81,543 | £80,000 | 62 BEDEBURN ROAD |
| 1 Nov 2023 | £195,510 | £193,000 | 16 WESTGARTH |
| 4 Aug 2023 | £105,642 | £105,000 | 167 WESTGARTH |
| 26 Jun 2023 | £186,512 | £185,000 | 6 BEDEBURN ROAD |
| 12 Apr 2023 | £80,599 | £80,000 | 107 WESTGARTH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bedeburn Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bedeburn Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Bedeburn Road |
| Mar 2024 | Other crime | Under investigation | On or near Bedeburn Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bedeburn Road |