£342,913
This estimated value is based upon the latest sale price for the house of £185,000 on 29 Apr 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £185,000 | 29 Apr 2005 |
| 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 2005 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 85.359%.Applying this 85.359% change to the original purchase price of £185,000 results in an estimated price of approximately £342,913.
| 29 Apr 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.0 | 85.359 % | £185,000 | £157,913 | £342,913 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 248.285 % | £459,326 | £644,326 |
| 3 Month Average | 63.749 % | £117,936 | £302,936 |
| 6 Month Average | 77.500 % | £143,375 | £328,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £153,986 | £153,050 | 34 CROFTSWAY |
| 25 Aug 2023 | £181,101 | £180,000 | 6 MCEWAN GARDENS |
| 24 Feb 2023 | £149,294 | £150,000 | 101 BENTINCK ROAD |
| 24 Jun 2022 | £55,563 | £55,000 | 109 BENTINCK ROAD |
| 24 Jun 2022 | £68,189 | £67,498 | 111 BENTINCK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near St. Michaels Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near St. Michaels Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near St. Michaels Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near St. Michaels Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near St. Michaels Close |