£37,728
This estimated value is based upon the latest sale price for the house of £7,500 on 12 Sep 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £7,500 | 12 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 sq feet |
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 September 1997 the House Price Index for TYNE AND WEAR was 29.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 403.041%.Applying this 403.041% change to the original purchase price of £7,500 results in an estimated price of approximately £37,728.
| 12 Sep 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 149.7 | 403.041 % | £7,500 | £30,228 | £37,728 |
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 | 428.984 % | £32,173 | £39,673 |
| 3 Month Average | 409.580 % | £30,718 | £38,218 |
| 6 Month Average | 366.408 % | £27,480 | £34,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £62,589 | £61,000 | 52 BILBROUGH GARDENS |
| 1 Jun 2023 | £40,817 | £39,999 | 23 ST JAMES CRESCENT |
| 1 Jun 2023 | £40,817 | £39,999 | 25 ST JAMES CRESCENT |
| 1 Jun 2023 | £66,329 | £65,000 | 21 ST JAMES CRESCENT |
| 28 Apr 2023 | £50,953 | £50,000 | 106 BILBROUGH GARDENS |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 6 Sep 2012. Using an estimated price of £37,728 means this house is valued at £628 per sq meter (£58 per sq foot).
The average size of a house on MACDONALD ROAD is 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Macdonald Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Macdonald Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bilbrough Gardens |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bilbrough Gardens |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bilbrough Gardens |