£307,424
This estimated value is based upon the latest sale price for the house of £247,000 on 13 Jun 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 |
|---|---|
| £247,000 | 13 Jun 2019 |
| £59,995 | 9 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 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 24.463%.Applying this 24.463% change to the original purchase price of £247,000 results in an estimated price of approximately £307,424.
| 13 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £247,000 | £60,424 | £307,424 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | 15.193 % | £37,526 | £284,526 |
| 3 Month Average | 10.432 % | £25,768 | £272,768 |
| 6 Month Average | 26.165 % | £64,626 | £311,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £135,438 | £132,000 | 3 FIELD HOUSE ROAD |
| 24 Nov 2023 | £231,631 | £225,751 | 29 BRIGHTON GARDENS |
| 15 Nov 2023 | £228,808 | £223,000 | 13 WEST PARK ROAD |
| 19 Oct 2023 | £291,623 | £285,000 | 10 BARTRAM GARDENS |
| 18 Aug 2023 | £182,288 | £179,000 | 20 BARTRAM GARDENS |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 3 Sep 2018. Using an estimated price of £307,424 means this house is valued at £3,270 per sq meter (£303 per sq foot).
The average size of a house on WEST PARK ROAD is 183 sq meters (1,970 sq feet).
This house is the smallest in the street with a floor area of 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near West Park Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near West Park Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Park Road |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near West Park Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Park Road |