£61,394
This estimated value is based upon the latest sale price for the house of £60,000 on 14 Feb 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £60,000 | 14 Feb 2024 |
| 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 February 2024 the House Price Index for TYNE AND WEAR was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £60,000 results in an estimated price of approximately £61,394.
| 14 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £60,000 | £1,394 | £61,394 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | 49.961 % | £29,976 | £89,976 |
| 3 Month Average | 28.909 % | £17,345 | £77,345 |
| 6 Month Average | 11.629 % | £6,977 | £66,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £169,297 | £165,000 | 27 FLANDERS COURT |
| 3 Nov 2023 | £87,214 | £85,000 | 82 DEVON CRESCENT |
| 1 Nov 2023 | £114,404 | £111,500 | 57 WINDSOR ROAD |
| 19 Oct 2023 | £94,138 | £92,000 | 65 ELISABETH AVENUE |
| 8 Sep 2023 | £127,818 | £125,000 | 32 GLAMIS VILLAS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Flanders Court |
| Oct 2024 | Other theft | Under investigation | On or near Lansbury Close |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Lansbury Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lansbury Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Lansbury Close |