£179,126
This estimated value is based upon the latest sale price for the house of £147,000 on 3 Feb 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £147,000 | 3 Feb 2020 |
| £84,000 | 8 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 February 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £147,000 results in an estimated price of approximately £179,126.
| 3 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £147,000 | £32,126 | £179,126 |
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 | -3.446 % | £-5,065 | £141,934 |
| 3 Month Average | 19.377 % | £28,484 | £175,484 |
| 6 Month Average | 18.385 % | £27,025 | £174,025 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £61,373 | £61,000 | 110 SPRINGWELL ROAD |
| 17 Aug 2023 | £161,985 | £161,000 | 87 SPRINGWELL ROAD |
| 2 Aug 2023 | £47,288 | £47,000 | 7 WINGATE GARDENS |
| 21 Apr 2023 | £120,899 | £120,000 | 76 RUGBY GARDENS |
| 22 Mar 2023 | £115,625 | £115,000 | 18 SHINCLIFFE GARDENS |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 3 Feb 2017. Using an estimated price of £179,127 means this house is valued at £1,865 per sq meter (£173 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Trimdon Grove |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Trimdon Grove |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Trimdon Grove |
| Jan 2024 | Public order | Under investigation | On or near Trimdon Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ebchester Avenue |