£149,339
This estimated value is based upon the latest sale price for the house of £120,000 on 11 Jan 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £120,000 | 11 Jan 2019 |
| £230,000 | 18 Aug 2006 |
| £90,000 | 16 Jul 1999 |
| £55,000 | 23 Mar 1998 |
| 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £120,000 results in an estimated price of approximately £149,339.
| 11 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £120,000 | £29,339 | £149,339 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | 45.338 % | £54,405 | £174,405 |
| 3 Month Average | 32.906 % | £39,486 | £159,486 |
| 6 Month Average | 18.549 % | £22,258 | £142,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £116,007 | £115,000 | 19 THE COPSE |
| 18 Mar 2024 | £152,341 | £150,000 | 3 CRESCENT WAY NORTH |
| 8 Dec 2023 | £128,963 | £125,000 | 33 FOREST HALL ROAD |
| 15 Sep 2023 | £168,719 | £165,000 | 2 VULCAN TERRACE |
| 15 Sep 2023 | £129,863 | £127,000 | 7 VULCAN TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Crescent Way North |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Crescent Way North |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crescent Way North |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Crescent Way North |
| Sep 2024 | Anti-social behaviour | On or near Forest Hall Road |