£145,054
This estimated value is based upon the latest sale price for the house of £75,831 on 20 Oct 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £75,831 | 20 Oct 2004 |
| £39,000 | 3 Mar 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 October 2004 the House Price Index for TYNE AND WEAR was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £75,831 results in an estimated price of approximately £145,054.
| 20 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 149.7 | 91.287 % | £75,831 | £69,223 | £145,054 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 22.107 % | £16,764 | £92,595 |
| 3 Month Average | 42.393 % | £32,146 | £107,977 |
| 6 Month Average | 49.670 % | £37,665 | £113,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £207,261 | £202,000 | 20 BRIARWOOD CRESCENT |
| 26 Oct 2023 | £242,508 | £237,000 | 33 BRIARWOOD CRESCENT |
| 28 Apr 2023 | £249,670 | £245,000 | 15 LOGAN ROAD |
| 21 Feb 2023 | £291,900 | £289,950 | 1011 SHIELDS ROAD |
| 20 Jan 2023 | £260,697 | £260,000 | 1024 SHIELDS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Holme Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Holme Avenue | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Logan Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rosewood Crescent |
| Jul 2024 | Anti-social behaviour | On or near Stockwell Green |