£129,492
This estimated value is based upon the latest sale price for the house of £35,000 on 15 Sep 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £35,000 | 15 Sep 2000 |
| Flats/Maisonettes |
| Leasehold |
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 2000 the House Price Index for TYNE AND WEAR was 40.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 269.980%.Applying this 269.980% change to the original purchase price of £35,000 results in an estimated price of approximately £129,492.
| 15 Sep 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 149.7 | 269.980 % | £35,000 | £94,492 | £129,492 |
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 | 165.323 % | £57,863 | £92,863 |
| 3 Month Average | 156.869 % | £54,904 | £89,904 |
| 6 Month Average | 160.310 % | £56,108 | £91,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £80,701 | £80,000 | 383 OLD DURHAM ROAD |
| 29 Sep 2023 | £55,217 | £54,000 | 30 KITCHENER STREET |
| 6 Jun 2023 | £93,881 | £92,000 | 29 BADEN POWELL STREET |
| 20 Jan 2023 | £97,761 | £97,500 | 393 OLD DURHAM ROAD |
| 10 Aug 2022 | £70,831 | £70,500 | 16 BADEN POWELL STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Baden Powell Street |
| Apr 2024 | Vehicle crime | Under investigation | On or near Baden Powell Street |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kitchener Street |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Mafeking Street |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Valley Gardens |