£357,570
This estimated value is based upon the latest sale price for the house of £209,950 on 24 Aug 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £209,950 | 24 Aug 2012 |
| 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 August 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £209,950 results in an estimated price of approximately £357,570.
| 24 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £209,950 | £147,620 | £357,570 |
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 | 24.863 % | £52,199 | £262,149 |
| 3 Month Average | 8.920 % | £18,726 | £228,676 |
| 6 Month Average | 12.364 % | £25,957 | £235,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £278,372 | £275,000 | 23 ELLESMERE CLOSE |
| 16 Sep 2022 | £287,677 | £290,000 | 29 HARWOOD DRIVE |
| 1 Jun 2022 | £121,720 | £120,000 | 42 HARWOOD DRIVE |
| 4 Mar 2022 | £81,865 | £79,000 | 38 ELLESMERE CLOSE |
| 25 Feb 2022 | £83,896 | £80,000 | 5 HARWOOD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Harwood Drive |
| Mar 2024 | Burglary | Under investigation | On or near Ellesmere Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dubmire Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dubmire Court |
| Mar 2024 | Anti-social behaviour | On or near Bankhead Terrace |