£288,315
This estimated value is based upon the latest sale price for the house of £59,995 on 13 Feb 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £59,995 | 13 Feb 1998 |
| Semi-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 February 1998 the House Price Index for TYNE AND WEAR was 30.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 380.566%.Applying this 380.566% change to the original purchase price of £59,995 results in an estimated price of approximately £288,315.
| 13 Feb 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 148.6 | 380.566 % | £59,995 | £228,320 | £288,315 |
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 | 217.044 % | £130,215 | £190,210 |
| 3 Month Average | 230.793 % | £138,464 | £198,459 |
| 6 Month Average | 258.717 % | £155,217 | £215,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £207,797 | £205,000 | 49 BRUCE GARDENS |
| 6 Apr 2023 | £513,024 | £507,500 | FREEMAN HOUSE, 410 - 420 WEST ROAD |
| 7 Mar 2023 | £141,332 | £140,000 | 456 WEST ROAD |
| 22 Aug 2022 | £174,530 | £175,000 | 51 BENWELL HILL ROAD |
| 29 Jul 2022 | £197,532 | £197,000 | 17 BENWELL HILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Benwell Hill Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colwell Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fox And Hounds Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fox And Hounds Road |
| Jan 2024 | Anti-social behaviour | On or near Fox And Hounds Road |