£174,851
This estimated value is based upon the latest sale price for the house of £99,950 on 24 Oct 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £99,950 | 24 Oct 2008 |
| £97,950 | 6 May 2005 |
| Terraced |
| 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 October 2008 the House Price Index for TYNE AND WEAR was 84.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.939%.Applying this 74.939% change to the original purchase price of £99,950 results in an estimated price of approximately £174,851.
| 24 Oct 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 148.6 | 74.939 % | £99,950 | £74,901 | £174,851 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 16.213 % | £16,204 | £116,154 |
| 3 Month Average | 10.690 % | £10,684 | £110,634 |
| 6 Month Average | 20.487 % | £20,476 | £120,426 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £268,348 | £266,000 | 22 CHAPEL GRANGE |
| 25 Aug 2023 | £142,244 | £141,000 | 33 NAWORTH DRIVE |
| 20 Jul 2022 | £95,256 | £95,000 | 36 NAWORTH DRIVE |
| 1 Mar 2022 | £196,890 | £190,000 | 20 BRENDALE AVENUE |
| 28 Jan 2022 | £136,813 | £130,000 | 34 NAWORTH DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Marsham Road | |
| Feb 2024 | Anti-social behaviour | On or near Marsham Road | |
| Jan 2024 | Anti-social behaviour | On or near Marsham Road | |
| Jan 2024 | Anti-social behaviour | On or near Marsham Road | |
| Jan 2024 | Anti-social behaviour | On or near Marsham Road |