£361,587
This estimated value is based upon the latest sale price for the house of £65,000 on 27 Sep 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 |
|---|---|
| £65,000 | 27 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 sq feet |
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 September 1996 the House Price Index for TYNE AND WEAR was 26.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 456.289%.Applying this 456.289% change to the original purchase price of £65,000 results in an estimated price of approximately £361,587.
| 27 Sep 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 149.7 | 456.289 % | £65,000 | £296,587 | £361,587 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 155.541 % | £101,101 | £166,101 |
| 3 Month Average | 233.336 % | £151,668 | £216,668 |
| 6 Month Average | 233.025 % | £151,466 | £216,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £247,146 | £245,000 | 17 CHURCH RISE |
| 22 Sep 2023 | £158,494 | £155,000 | 5 CLIFTON CLOSE |
| 21 Aug 2023 | £142,571 | £140,000 | 12 HIGH HEDGEFIELD TERRACE |
| 16 Sep 2022 | £96,935 | £97,000 | 17 TYNE GARDENS |
| 30 May 2022 | £116,023 | £113,000 | 2 HIGH HEDGEFIELD TERRACE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 18 Dec 2012. Using an estimated price of £361,588 means this house is valued at £3,348 per sq meter (£311 per sq foot).
The average size of a house on HOLBURN GARDENS is 107 sq meters (1,161 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Holburn Gardens | |
| Oct 2024 | Anti-social behaviour | On or near Primrose Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Primrose Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Primrose Gardens | |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Primrose Gardens |