£91,665
This estimated value is based upon the latest sale price for the house of £66,500 on 1 Dec 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £66,500 | 1 Dec 2015 |
| Semi-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 2015 the House Price Index for TYNE AND WEAR was 107.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 37.843%.Applying this 37.843% change to the original purchase price of £66,500 results in an estimated price of approximately £91,665.
| 1 Dec 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.0 | 37.843 % | £66,500 | £25,165 | £91,665 |
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 | 17.455 % | £11,607 | £78,107 |
| 3 Month Average | 8.604 % | £5,721 | £72,221 |
| 6 Month Average | 5.300 % | £3,524 | £70,024 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £71,923 | £71,000 | 10 MARLBOROUGH CRESCENT |
| 18 Aug 2023 | £191,162 | £190,000 | 9 - 11 MARLBOROUGH CRESCENT |
| 13 Jun 2023 | £76,621 | £76,000 | 1 CAPSTAN COURT |
| 28 Apr 2023 | £132,988 | £132,000 | 33 SHERBURN TERRACE |
| 28 Jun 2022 | £161,588 | £159,950 | 26 EASINGTON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Hedworth Place | |
| Feb 2024 | Anti-social behaviour | On or near Hedworth Place | |
| Feb 2024 | Anti-social behaviour | On or near Hedworth Place | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hedworth Place |
| Apr 2024 | Other crime | Under investigation | On or near Springwell Avenue |