£913,106
This estimated value is based upon the latest sale price for the house of £465,000 on 30 Jul 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£465,000 | 30 Jul 2004 |
£200,000 | 31 Jan 2003 |
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 July 2004 the House Price Index for TYNE AND WEAR was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £465,000 results in an estimated price of approximately £913,106.
30 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 149.7 | 96.367 % | £465,000 | £448,106 | £913,106 |
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 | 93.929 % | £436,770 | £901,770 |
3 Month Average | 95.715 % | £445,072 | £910,072 |
6 Month Average | 87.631 % | £407,486 | £872,486 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2024 | £146,270 | £145,000 | 32 CROFTSWAY |
27 Oct 2023 | £174,974 | £171,000 | 29 EASTGATE GARDENS |
31 Aug 2023 | £155,861 | £153,050 | 34 CROFTSWAY |
29 Aug 2023 | £44,808 | £44,000 | 466 ELSWICK ROAD |
29 Aug 2023 | £122,204 | £120,000 | 24 EASTGATE GARDENS |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eastgate Gardens |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Eastgate Gardens |
Jul 2024 | Public order | Awaiting court outcome | On or near Clifton Road |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clifton Road |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clifton Road |