£57,517
This estimated value is based upon the latest sale price for the house of £10,500 on 22 Nov 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £10,500 | 22 Nov 1996 |
| 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 November 1996 the House Price Index for TYNE AND WEAR was 27.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 447.788%.Applying this 447.788% change to the original purchase price of £10,500 results in an estimated price of approximately £57,517.
| 22 Nov 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.3 | 149.7 | 447.788 % | £10,500 | £47,017 | £57,517 |
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 | 307.470 % | £32,284 | £42,784 |
| 3 Month Average | 284.395 % | £29,861 | £40,361 |
| 6 Month Average | 243.103 % | £25,525 | £36,025 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £36,054 | £35,500 | 107 CHESTNUT AVENUE |
| 4 Oct 2023 | £92,092 | £90,000 | 28 WHITETHORN CRESCENT |
| 28 Apr 2023 | £119,230 | £117,000 | 10 REVELL TERRACE |
| 26 Oct 2022 | £38,870 | £39,000 | 69 CHESTNUT AVENUE |
| 18 May 2022 | £141,691 | £138,000 | 12 BRIERYSIDE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Mckendrick Villas |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Mckendrick Villas |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Howat Avenue |
| Jun 2024 | Anti-social behaviour | On or near Howat Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Howat Avenue |