£136,424
This estimated value is based upon the latest sale price for the house of £101,000 on 23 Mar 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £101,000 | 23 Mar 2016 |
| £107,000 | 22 Mar 2011 |
| £105,000 | 21 Dec 2009 |
| £92,000 | 16 Apr 2004 |
| £51,500 | 22 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 611 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 March 2016 the House Price Index for TYNE AND WEAR was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £101,000 results in an estimated price of approximately £136,424.
| 23 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £101,000 | £35,424 | £136,424 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 40.208 % | £40,610 | £141,610 |
| 3 Month Average | 32.614 % | £32,939 | £133,939 |
| 6 Month Average | 30.256 % | £30,558 | £131,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £126,878 | £125,000 | 11 BYRON COURT |
| 4 Aug 2023 | £191,626 | £189,950 | 89 HILLHEAD PARKWAY |
| 7 Jul 2023 | £223,001 | £220,000 | 63 HILLHEAD PARKWAY |
| 10 Mar 2023 | £191,807 | £190,000 | 19 CHUDLEIGH GARDENS |
| 14 Oct 2022 | £168,189 | £170,000 | 48 ARNSIDE WALK |
This house has a floor area of 56 sq meters or 611 sq feet when measured on 28 Feb 2011. Using an estimated price of £136,424 means this house is valued at £2,399 per sq meter (£222 per sq foot).
The average size of a house on HILLHEAD PARKWAY is 85 sq meters (918 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (611 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Chudleigh Gardens | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Chudleigh Gardens |