£384,497
This estimated value is based upon the latest sale price for the house of £72,500 on 28 Feb 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £72,500 | 28 Feb 1997 |
| Semi-Detached |
| 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 February 1997 the House Price Index for TYNE AND WEAR was 28.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 430.342%.Applying this 430.342% change to the original purchase price of £72,500 results in an estimated price of approximately £384,497.
| 28 Feb 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.2 | 149.7 | 430.342 % | £72,500 | £311,997 | £384,497 |
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 | 181.375 % | £131,496 | £203,996 |
| 3 Month Average | 237.486 % | £172,177 | £244,677 |
| 6 Month Average | 229.880 % | £166,663 | £239,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £142,740 | £141,500 | 2 STANLEY GARDENS |
| 28 Mar 2024 | £162,497 | £160,000 | GREENSIDE WREKENTON ROW |
| 12 Oct 2023 | £148,370 | £145,000 | 34 WREKENTON ROW |
| 6 Oct 2023 | £194,416 | £190,000 | 15 HILLDYKE |
| 13 Jun 2023 | £77,554 | £76,000 | 1 CAPSTAN COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wrekenton Row |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wrekenton Row |
| Jul 2024 | Anti-social behaviour | On or near Capstan Lane | |
| Apr 2024 | Drugs | Offender given a caution | On or near Capstan Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Stanley Gardens |