£299,603
This estimated value is based upon the latest sale price for the house of £53,000 on 7 Apr 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £53,000 | 7 Apr 1995 |
| Terraced |
| 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 1995 the House Price Index for TYNE AND WEAR was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £53,000 results in an estimated price of approximately £299,603.
| 7 Apr 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 465.290 % | £53,000 | £246,603 | £299,603 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 377.702 % | £200,181 | £253,181 |
| 3 Month Average | 333.395 % | £176,699 | £229,699 |
| 6 Month Average | 309.536 % | £164,054 | £217,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £179,950 | £179,950 | 4 MIDDLEWOOD PARK |
| 20 Oct 2023 | £133,021 | £130,000 | 37 MIDDLEWOOD PARK |
| 18 Aug 2023 | £132,388 | £130,000 | 33 MIDDLEWOOD PARK |
| 24 Apr 2023 | £142,668 | £140,000 | 18 MIDDLEWOOD PARK |
| 31 Mar 2023 | £79,325 | £78,000 | 43 MIDDLEWOOD PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Bolbec Road |
| Jun 2024 | Anti-social behaviour | On or near Bolbec Road | |
| Jun 2024 | Anti-social behaviour | On or near Bolbec Road | |
| May 2024 | Public order | Under investigation | On or near Bolbec Road |
| May 2024 | Anti-social behaviour | On or near Bolbec Road |