£338,988
This estimated value is based upon the latest sale price for the house of £205,000 on 29 Aug 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £205,000 | 29 Aug 2013 |
| £205,000 | 20 Mar 2008 |
| £59,950 | 2 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 August 2013 the House Price Index for TYNE AND WEAR was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £205,000 results in an estimated price of approximately £338,988.
| 29 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £205,000 | £133,988 | £338,988 |
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 | 9.064 % | £18,580 | £223,580 |
| 3 Month Average | 10.214 % | £20,939 | £225,939 |
| 6 Month Average | 18.006 % | £36,912 | £241,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £152,203 | £149,950 | 5 LISMORE TERRACE |
| 30 Jun 2023 | £197,391 | £195,000 | 2 WESTFIELD CRESCENT |
| 23 Jun 2023 | £110,337 | £109,000 | 5 BELLE VIEW TERRACE |
| 20 May 2022 | £76,440 | £75,000 | 2 LISMORE TERRACE |
| 20 May 2022 | £151,250 | £148,400 | 5 VICTORIA TERRACE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 7 May 2013. Using an estimated price of £338,988 means this house is valued at £3,228 per sq meter (£299 per sq foot).
The average size of a house on HIGHWORTH DRIVE is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Highworth Drive | |
| Feb 2024 | Anti-social behaviour | On or near Highworth Drive | |
| Feb 2024 | Shoplifting | Under investigation | On or near Oakwood Close |
| Feb 2024 | Shoplifting | Under investigation | On or near Oakwood Close |
| Dec 2023 | Anti-social behaviour | On or near Springwell Road |