£131,953
This estimated value is based upon the latest sale price for the house of £110,000 on 2 Mar 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£110,000 | 2 Mar 2020 |
£110,000 | 19 Jul 2011 |
£114,950 | 23 Sep 2010 |
£107,000 | 3 Oct 2003 |
£49,500 | 30 Jun 1998 |
Flats/Maisonettes |
Leasehold |
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 March 2020 the House Price Index for TYNE AND WEAR was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £110,000 results in an estimated price of approximately £131,953.
2 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.0 | 19.957 % | £110,000 | £21,953 | £131,953 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 84.587 % | £93,046 | £203,046 |
3 Month Average | 27.789 % | £30,568 | £140,568 |
6 Month Average | 17.686 % | £19,454 | £129,454 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £126,626 | £125,000 | 9 ALLINGHAM COURT |
24 Jan 2023 | £114,593 | £115,600 | 18 ALLINGHAM COURT |
11 Aug 2022 | £302,953 | £305,000 | 25 RUSKIN DRIVE |
9 Dec 2021 | £6,029 | £5,650 | 48 RUSKIN DRIVE |
9 Dec 2021 | £234,751 | £220,000 | 5 BARWELL COURT |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Highworth Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Highworth Drive |
Mar 2024 | Burglary | Under investigation | On or near Barwell Court |
Apr 2024 | Anti-social behaviour | On or near Bramley Court | |
Feb 2024 | Anti-social behaviour | On or near Bramley Court |