£51,755
This estimated value is based upon the latest sale price for the house of £32,000 on 22 Mar 2007. 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 |
---|---|
£32,000 | 22 Mar 2007 |
£42,500 | 13 Dec 1996 |
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 March 2007 the House Price Index for TYNE AND WEAR was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £32,000 results in an estimated price of approximately £51,755.
22 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.735 % | £32,000 | £19,755 | £51,755 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | 85.109 % | £27,234 | £59,234 |
3 Month Average | 53.040 % | £16,972 | £48,972 |
6 Month Average | 43.043 % | £13,773 | £45,773 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £254,452 | £250,000 | 16 THE PAVILION |
23 Jun 2023 | £182,207 | £180,000 | 28 THE COPSE |
27 Jan 2023 | £261,767 | £263,000 | 48 THE PAVILION |
11 Feb 2022 | £137,903 | £131,500 | 15 THE COPSE |
18 Aug 2021 | £1,017,999 | £912,500 | DOWER HOUSE SHIBDON ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |
Mar 2024 | Anti-social behaviour | On or near Bates Lane | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Bates Lane |
Jan 2024 | Anti-social behaviour | On or near Bates Lane | |
Jan 2024 | Anti-social behaviour | On or near Bates Lane |