£250,787
This estimated value is based upon the latest sale price for the house of £210,000 on 26 Aug 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £210,000 | 26 Aug 2020 |
| £178,500 | 16 Oct 2014 |
| £65,000 | 7 Jun 2012 |
| £65,000 | 21 Apr 2011 |
| £65,000 | 11 Jan 2011 |
| Detached |
| Freehold |
| Floor Area: 27 sq meters or 290 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 August 2020 the House Price Index for TYNE AND WEAR was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £210,000 results in an estimated price of approximately £250,787.
| 26 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £210,000 | £40,787 | £250,787 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -15.565 % | £-32,686 | £177,313 |
| 3 Month Average | -12.769 % | £-26,814 | £183,185 |
| 6 Month Average | -3.675 % | £-7,716 | £202,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £479,063 | £470,000 | THE COACH HOUSE, 10A NESHAM PLACE |
| 6 Apr 2023 | £57,427 | £57,000 | 4 HEATH GRANGE |
| 6 Jan 2023 | £131,842 | £133,000 | 9 HEATH GRANGE |
| 2 Sep 2022 | £151,162 | £153,000 | 1 NESHAM PLACE |
| 4 Aug 2022 | £437,047 | £440,000 | MELROSE NESHAM PLACE |
This house has a floor area of 27 sq meters or 290 sq feet when measured on 11 Nov 2021. Using an estimated price of £250,787 means this house is valued at £9,288 per sq meter (£862 per sq foot).
The average size of a house on CHURCH STREET is 252 sq meters (2,712 sq feet).
This house is the smallest in the street with a floor area of 27 sq meters (290 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Street |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near A182 |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near A182 |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A182 |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near A182 |