£125,935
This estimated value is based upon the latest sale price for the house of £124,999 on 3 Apr 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £124,999 | 3 Apr 2023 |
| £75,000 | 16 Mar 2018 |
| 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 April 2023 the House Price Index for TYNE AND WEAR was 146.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.749%.Applying this 0.749% change to the original purchase price of £124,999 results in an estimated price of approximately £125,935.
| 3 Apr 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.0 | 0.749 % | £124,999 | £936 | £125,935 |
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 | 173.550 % | £216,936 | £341,935 |
| 3 Month Average | 16.172 % | £20,214 | £145,213 |
| 6 Month Average | 5.048 % | £6,309 | £131,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £134,223 | £132,500 | 37 FERNDENE GROVE |
| 3 Apr 2023 | £125,935 | £124,999 | 30 BENTON ROAD |
| 26 Aug 2022 | £161,211 | £162,300 | 125 FERNDENE GROVE |
| 20 May 2022 | £167,490 | £165,000 | 17 FERNDENE GROVE |
| 16 May 2022 | £151,045 | £148,800 | 11 FERNDENE GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Cornel Road |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cornel Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cornel Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cornel Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Teviotdale Gardens |