£274,464
This estimated value is based upon the latest sale price for the house of £235,000 on 13 Nov 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 |
|---|---|
| £235,000 | 13 Nov 2020 |
| £228,000 | 2 Dec 2005 |
| £166,950 | 29 May 2003 |
| 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 November 2020 the House Price Index for TYNE AND WEAR was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £235,000 results in an estimated price of approximately £274,464.
| 13 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £235,000 | £39,464 | £274,464 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | -11.922 % | £-28,017 | £206,982 |
| 3 Month Average | -11.543 % | £-27,125 | £207,874 |
| 6 Month Average | -11.392 % | £-26,771 | £208,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £414,129 | £405,000 | 1 MOUNT RIDGE |
| 15 Mar 2023 | £289,840 | £285,000 | 8 THE UPLANDS |
| 21 Oct 2022 | £277,075 | £278,000 | 4 THE UPLANDS |
| 12 Jul 2021 | £331,123 | £286,000 | 12 BEAMISH VIEW |
| 10 Jun 2021 | £202,122 | £187,000 | 30 BEWICKE VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beamish View |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Maple Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Maple Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Maple Avenue |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Maple Avenue |