£255,152
This estimated value is based upon the latest sale price for the house of £199,950 on 23 Jun 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £199,950 | 23 Jun 2017 |
| £180,000 | 8 Dec 2011 |
| £49,500 | 11 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 767 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 June 2017 the House Price Index for TYNE AND WEAR was 116.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 27.608%.Applying this 27.608% change to the original purchase price of £199,950 results in an estimated price of approximately £255,152.
| 23 Jun 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.0 | 27.608 % | £199,950 | £55,202 | £255,152 |
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 | 7.537 % | £15,070 | £215,020 |
| 3 Month Average | 18.564 % | £37,118 | £237,068 |
| 6 Month Average | 27.331 % | £54,647 | £254,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2023 | £171,273 | £170,000 | 2 GLYNWOOD GARDENS |
| 15 Mar 2023 | £186,005 | £185,000 | 18 ROSEWOOD GARDENS |
| 20 Jan 2023 | £218,084 | £220,000 | 12 EGREMONT DRIVE |
| 17 Jun 2022 | £193,461 | £191,500 | 9 CHURCH ROAD |
| 29 Apr 2022 | £461,538 | £450,000 | 16 CHURCH ROAD |
This house has a floor area of 71 sq meters or 767 sq feet when measured on 10 Aug 2010. Using an estimated price of £255,153 means this house is valued at £3,578 per sq meter (£332 per sq foot).
The average size of a house on CHURCH ROAD is 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Church Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Church Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Church Lane |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Church Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Church Drive |