£4,298
This estimated value is based upon the latest sale price for the house of £3,450 on 16 Apr 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£3,450 | 16 Apr 2019 |
£184,000 | 5 May 2004 |
£93,950 | 20 Oct 2000 |
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 April 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £3,450 results in an estimated price of approximately £4,298.
16 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.583 % | £3,450 | £848 | £4,298 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -36.580 % | £-1,261 | £2,188 |
3 Month Average | -3.045 % | £-105 | £3,344 |
6 Month Average | -2.270 % | £-78 | £3,371 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £213,277 | £210,000 | 6 GREENFIELD WAY |
27 Oct 2023 | £222,043 | £217,000 | 27 BRAMBLE CLOSE |
28 Apr 2023 | £173,240 | £170,000 | 22 BRAMBLE CLOSE |
17 Mar 2023 | £148,480 | £146,000 | 35 WEAR STREET |
1 Mar 2023 | £197,803 | £194,500 | 1 BLACK CHERRY CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Awaiting court outcome | On or near Relton Close |
Jul 2024 | Anti-social behaviour | On or near Black Cherry Close | |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Stretton Close |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Black Cherry Close |
May 2024 | Anti-social behaviour | On or near Bramble Close |