£442,321
This estimated value is based upon the latest sale price for the house of £82,000 on 6 Dec 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £82,000 | 6 Dec 1996 |
| Detached |
| 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 December 1996 the House Price Index for TYNE AND WEAR was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £82,000 results in an estimated price of approximately £442,321.
| 6 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.6 | 439.417 % | £82,000 | £360,321 | £442,321 |
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 | 227.275 % | £186,365 | £268,365 |
| 3 Month Average | 234.676 % | £192,434 | £274,434 |
| 6 Month Average | 254.429 % | £208,631 | £290,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £168,495 | £166,000 | 6 ASHGILL MEWS |
| 24 Mar 2023 | £288,720 | £286,000 | 20 STONEFOLD CLOSE |
| 28 Feb 2022 | £106,128 | £101,200 | 10 LAMPETER CLOSE |
| 30 Nov 2021 | £220,791 | £204,150 | 2 CROSSLANDS COURT |
| 3 Sep 2021 | £147,630 | £137,000 | 5 ASHGILL MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Berrington Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashgill Mews |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Ashgill Mews |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Ashgill Mews |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ashgill Mews |