£138,492
This estimated value is based upon the latest sale price for the house of £85,000 on 30 Mar 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,000 | 30 Mar 2007 |
| £47,000 | 15 Nov 2002 |
| £30,000 | 20 Mar 1998 |
| 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 March 2007 the House Price Index for TYNE AND WEAR was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £85,000 results in an estimated price of approximately £138,492.
| 30 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £85,000 | £53,492 | £138,492 |
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 | -24.208 % | £-20,577 | £64,422 |
| 3 Month Average | 0.668 % | £567 | £85,567 |
| 6 Month Average | 5.359 % | £4,555 | £89,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £84,295 | £83,000 | 6 MODEL TERRACE |
| 8 Mar 2024 | £96,482 | £95,000 | 3 WOODLAND TERRACE |
| 17 Nov 2023 | £102,605 | £100,000 | 5 FERNDALE ROAD |
| 27 Oct 2023 | £52,185 | £51,000 | 11 RAILWAY TERRACE |
| 25 Aug 2023 | £112,275 | £110,250 | 9 WOODLAND TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ferndale Road |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Ferndale Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ferndale Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ferndale Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Coxgreen Road |