£167,078
This estimated value is based upon the latest sale price for the house of £151,000 on 7 Oct 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £151,000 | 7 Oct 2021 |
| £89,950 | 6 Aug 2004 |
| £36,750 | 9 Feb 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 October 2021 the House Price Index for TYNE AND WEAR was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £151,000 results in an estimated price of approximately £167,078.
| 7 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £151,000 | £16,078 | £167,078 |
The Postcode Pricing Model uses changes in average sales price within the NE10 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 | 17.825 % | £26,915 | £177,915 |
| 3 Month Average | 11.777 % | £17,782 | £168,782 |
| 6 Month Average | 2.284 % | £3,449 | £154,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £127,175 | £124,950 | 8 HIGHBURY |
| 31 Aug 2023 | £99,369 | £98,500 | 15 THE COTGARTH |
| 24 Jul 2023 | £98,830 | £97,500 | 60 MILLBROOK |
| 21 Jul 2023 | £116,569 | £115,000 | 17 THE COTGARTH |
| 21 Jun 2023 | £157,913 | £156,000 | 10 SWARDS ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 22 Jun 2021. Using an estimated price of £167,078 means this house is valued at £2,169 per sq meter (£201 per sq foot).
The average size of a house on SWARDS ROAD is 81 sq meters (876 sq feet).
This house is the largest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Prestmede |
| Feb 2024 | Anti-social behaviour | On or near The Cotgarth | |
| Feb 2024 | Anti-social behaviour | On or near The Cotgarth | |
| Feb 2024 | Anti-social behaviour | On or near The Cotgarth | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Watermill Lane |