£116,162
This estimated value is based upon the latest sale price for the house of £50,001 on 11 Jul 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £50,001 | 11 Jul 2003 |
| £29,950 | 30 Jun 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 July 2003 the House Price Index for TYNE AND WEAR was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £50,001 results in an estimated price of approximately £116,162.
| 11 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £50,001 | £66,161 | £116,162 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | 63.703 % | £31,852 | £81,853 |
| 3 Month Average | 118.843 % | £59,422 | £109,423 |
| 6 Month Average | 122.476 % | £61,239 | £111,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £82,217 | £81,000 | 3 HELSTON COURT |
| 4 Sep 2023 | £121,554 | £120,000 | 117 VALLEY VIEW |
| 25 Aug 2023 | £167,465 | £166,000 | 2 HAMSTERLEY CRESCENT |
| 2 Aug 2023 | £65,876 | £65,300 | 31 MALVERN COURT |
| 31 Jul 2023 | £60,819 | £60,000 | 69 COMBE DRIVE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 27 Apr 2015. Using an estimated price of £116,163 means this house is valued at £2,765 per sq meter (£256 per sq foot).
The average size of a house on COMBE DRIVE is 62 sq meters (669 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Blanchland Avenue |
| Mar 2024 | Public order | Under investigation | On or near Blanchland Avenue |
| Feb 2024 | Public order | Under investigation | On or near Blanchland Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Camelford Court |
| Feb 2024 | Other crime | Under investigation | On or near Medburn Road |