£355,166
This estimated value is based upon the latest sale price for the house of £335,000 on 31 Jan 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £335,000 | 31 Jan 2022 |
| £308,702 | 16 Jul 2007 |
| 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 January 2022 the House Price Index for TYNE AND WEAR was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £335,000 results in an estimated price of approximately £355,166.
| 31 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £335,000 | £20,166 | £355,166 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 90.146 % | £301,987 | £636,987 |
| 3 Month Average | 0.514 % | £1,720 | £336,720 |
| 6 Month Average | 1.964 % | £6,578 | £341,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £205,406 | £202,250 | 56 ST ALOYSIUS VIEW |
| 7 Dec 2023 | £309,511 | £300,000 | 8 ST LUKES PLACE |
| 28 Nov 2023 | £205,209 | £200,000 | 278 ST ALOYSIUS VIEW |
| 1 Sep 2023 | £245,410 | £240,000 | 111 ST ALOYSIUS VIEW |
| 31 Mar 2023 | £177,972 | £175,000 | 21 ST ALOYSIUS VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Aloysius View |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Aloysius View |
| Jun 2024 | Anti-social behaviour | On or near St Michaels Vale | |
| Jun 2024 | Anti-social behaviour | On or near St Michaels Vale | |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near St Gabriel Avenue |