£222,121
This estimated value is based upon the latest sale price for the house of £49,450 on 30 Apr 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 |
|---|---|
| £49,450 | 30 Apr 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 April 1999 the House Price Index for TYNE AND WEAR was 33.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 349.184%.Applying this 349.184% change to the original purchase price of £49,450 results in an estimated price of approximately £222,121.
| 30 Apr 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 149.7 | 349.184 % | £49,450 | £172,671 | £222,121 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 265.374 % | £131,227 | £180,677 |
| 3 Month Average | 268.261 % | £132,655 | £182,105 |
| 6 Month Average | 213.288 % | £105,471 | £154,921 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £194,691 | £193,000 | 4 CORMORANT CLOSE |
| 3 Nov 2023 | £297,553 | £290,000 | 70 TURNSTONE DRIVE |
| 23 Jun 2023 | £306,135 | £300,000 | 4 FIELDFARE CLOSE |
| 3 Feb 2023 | £251,631 | £249,950 | 54 TURNSTONE DRIVE |
| 12 Jul 2022 | £292,935 | £290,000 | 28 TURNSTONE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Turnstone Drive |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Whitethroat Close |
| Oct 2024 | Burglary | Under investigation | On or near Glenholme Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Lapwing Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lapwing Close |