£338,851
This estimated value is based upon the latest sale price for the house of £313,500 on 25 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 |
|---|---|
| £313,500 | 25 Jun 2021 |
| £225,000 | 14 Jun 2013 |
| £208,000 | 23 Mar 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £313,500 results in an estimated price of approximately £338,851.
| 25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £313,500 | £25,351 | £338,851 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | -4.518 % | £-14,162 | £299,337 |
| 3 Month Average | -9.182 % | £-28,784 | £284,715 |
| 6 Month Average | -5.617 % | £-17,607 | £295,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £210,000 | £210,000 | 3 BOUNDARY GARDENS |
| 6 Mar 2024 | £279,291 | £275,000 | 89 NEWTON ROAD |
| 7 Dec 2023 | £541,644 | £525,000 | 42 JESMOND PARK WEST |
| 15 Nov 2023 | £148,777 | £145,000 | 64 JESMOND PARK WEST |
| 30 Oct 2023 | £400,087 | £391,000 | 43 WESTLANDS |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 28 Sep 2012. Using an estimated price of £338,852 means this house is valued at £2,586 per sq meter (£240 per sq foot).
The average size of a house on NEWTON ROAD is 99 sq meters (1,069 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hambledon Gardens |
| May 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Hambledon Gardens |
| May 2024 | Anti-social behaviour | On or near Hambledon Gardens | |
| May 2024 | Anti-social behaviour | On or near Hambledon Gardens | |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Hambledon Gardens |