£185,165
This estimated value is based upon the latest sale price for the house of £181,000 on 2 Mar 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £181,000 | 2 Mar 2022 |
| £41,133 | 9 Sep 2004 |
| £74,950 | 24 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2022 the House Price Index for TYNE AND WEAR was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £181,000 results in an estimated price of approximately £185,165.
| 2 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £181,000 | £4,165 | £185,165 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 18.498 % | £33,480 | £214,480 |
| 3 Month Average | 20.283 % | £36,711 | £217,711 |
| 6 Month Average | 22.789 % | £41,248 | £222,248 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 27 Oct 2021.
The average size of a house on MEADOW RISE is 99 sq meters (1,071 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadow Rise |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Tamarisk Way |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Crossfield Park |
| Mar 2024 | Possession of weapons | Under investigation | On or near Crossfield Park |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crossfield Park |