£515,003
This estimated value is based upon the latest sale price for the house of £480,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £480,000 | 30 Jun 2021 |
| £337,000 | 8 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 June 2021 the House Price Index for TYNE AND WEAR was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £480,000 results in an estimated price of approximately £515,003.
| 30 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £480,000 | £35,003 | £515,003 |
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 | -25.958 % | £-124,597 | £355,402 |
| 3 Month Average | -3.306 % | £-15,870 | £464,129 |
| 6 Month Average | -10.034 % | £-48,164 | £431,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £248,171 | £246,000 | 14 MUSGRAVE ROAD |
| 19 Aug 2022 | £492,674 | £494,000 | 11 VALLEY DRIVE |
| 11 Jul 2022 | £385,036 | £384,000 | 4 VALLEY DRIVE |
| 25 Feb 2022 | £299,927 | £286,000 | 110 DRYDEN ROAD |
| 28 Jan 2022 | £410,439 | £390,000 | 1 VALLEY DRIVE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 6 Apr 2021. Using an estimated price of £515,004 means this house is valued at £3,814 per sq meter (£354 per sq foot).
The average size of a house on WESTOVER GARDENS is 156 sq meters (1,686 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dryden Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Clifton Gardens |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Musgrave Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Musgrave Road |
| Apr 2024 | Burglary | Under investigation | On or near A167 |