£652,536
This estimated value is based upon the latest sale price for the house of £485,000 on 28 Jun 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near A167
More crime details
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Price Paid | Date |
---|---|
£485,000 | 28 Jun 2016 |
£370,000 | 23 Mar 2009 |
£170,000 | 19 Apr 2002 |
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 June 2016 the House Price Index for TYNE AND WEAR was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £485,000 results in an estimated price of approximately £652,536.
28 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 149.7 | 34.544 % | £485,000 | £167,536 | £652,536 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -4.798 % | £-23,268 | £461,731 |
3 Month Average | -5.040 % | £-24,444 | £460,555 |
6 Month Average | -0.040 % | £-193 | £484,806 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £239,871 | £232,500 | 13A CHESTERS PARK |
25 Aug 2023 | £250,518 | £246,000 | 14 MUSGRAVE ROAD |
19 Nov 2021 | £346,467 | £318,000 | 15 LAVENDER GARDENS |
18 Dec 2020 | £468,265 | £405,000 | 357 DURHAM ROAD |
18 Dec 2020 | £381,549 | £330,000 | 4 HAWTHORN GARDENS |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near A167 |
Apr 2024 | Burglary | Awaiting court outcome | On or near A167 |
Jun 2024 | Anti-social behaviour | On or near Chesters Park | |
Jun 2024 | Anti-social behaviour | On or near Chesters Park | |
Jun 2024 | Anti-social behaviour | On or near Chesters Park |