£275,083
This estimated value is based upon the latest sale price for the house of £63,000 on 7 Jul 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £63,000 | 7 Jul 1999 |
| 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 July 1999 the House Price Index for TYNE AND WEAR was 34.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 336.640%.Applying this 336.640% change to the original purchase price of £63,000 results in an estimated price of approximately £275,083.
| 7 Jul 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 149.7 | 336.640 % | £63,000 | £212,083 | £275,083 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 327.840 % | £206,539 | £269,539 |
| 3 Month Average | 272.484 % | £171,664 | £234,664 |
| 6 Month Average | 288.948 % | £182,037 | £245,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £391,007 | £385,000 | 20 LUDLOW DRIVE |
| 8 Dec 2023 | £113,487 | £110,000 | 12 ORCHID MEWS THORNTREE DRIVE |
| 27 Oct 2023 | £378,599 | £370,000 | 8 LUDLOW DRIVE |
| 15 Aug 2023 | £84,015 | £82,500 | 14 ORCHID MEWS THORNTREE DRIVE |
| 27 Jun 2022 | £235,024 | £230,000 | 27 OTTERBURN AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wilton Drive |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Houxty Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Walwick Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Houxty Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Houxty Road |