£187,963
This estimated value is based upon the latest sale price for the house of £120,000 on 29 Jun 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £120,000 | 29 Jun 2007 |
| £43,500 | 15 Feb 2002 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 June 2007 the House Price Index for TYNE AND WEAR was 93.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.636%.Applying this 56.636% change to the original purchase price of £120,000 results in an estimated price of approximately £187,963.
| 29 Jun 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 146.7 | 56.636 % | £120,000 | £67,963 | £187,963 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -17.108 % | £-20,529 | £99,470 |
| 3 Month Average | 9.126 % | £10,950 | £130,950 |
| 6 Month Average | 16.226 % | £19,471 | £139,471 |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 30 Sep 2013.
The average size of a house on TANFIELD GARDENS is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Tanfield Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Tanfield Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Tanfield Gardens | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tanfield Gardens |
| Dec 2023 | Anti-social behaviour | On or near Tanfield Gardens |