£192,723
This estimated value is based upon the latest sale price for the house of £190,000 on 1 Jun 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £190,000 | 1 Jun 2022 |
| £120,000 | 5 Jan 2012 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 June 2022 the House Price Index for TYNE AND WEAR was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £190,000 results in an estimated price of approximately £192,723.
| 1 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £190,000 | £2,723 | £192,723 |
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 | -23.229 % | £-44,135 | £145,864 |
| 3 Month Average | -29.056 % | £-55,207 | £134,792 |
| 6 Month Average | 3.390 % | £6,441 | £196,441 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £101,730 | £99,950 | 45 DRYDEN COURT DRYDEN ROAD |
| 18 Aug 2023 | £226,986 | £225,000 | 20 LYNNHOLME GARDENS |
| 10 Mar 2023 | £52,999 | £52,500 | 32 DRYDEN COURT DRYDEN ROAD |
| 10 Mar 2023 | £105,999 | £105,000 | 25 DRYDEN COURT DRYDEN ROAD |
| 17 Feb 2023 | £219,852 | £220,000 | 52 HOLYOAKE GARDENS |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 21 Jul 2021. Using an estimated price of £192,724 means this house is valued at £2,141 per sq meter (£198 per sq foot).
The average size of a house on HOLYOAKE GARDENS is 104 sq meters (1,129 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holyoake Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Salkeld Gardens |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Perry Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Perry Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Perry Street |