£399,639
This estimated value is based upon the latest sale price for the house of £249,995 on 30 Apr 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £249,995 | 30 Apr 2008 |
| 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 April 2008 the House Price Index for TYNE AND WEAR was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £249,995 results in an estimated price of approximately £399,639.
| 30 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 149.7 | 59.859 % | £249,995 | £149,644 | £399,639 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -29.752 % | £-74,377 | £175,617 |
| 3 Month Average | -15.460 % | £-38,650 | £211,344 |
| 6 Month Average | -12.480 % | £-31,198 | £218,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £253,901 | £250,000 | 57 BRIDLE WAY |
| 26 Oct 2023 | £127,905 | £125,000 | 18 MILL HILL |
| 29 Sep 2023 | £255,584 | £249,950 | 21 MILL HILL |
| 22 Sep 2023 | £101,232 | £99,000 | 35 BRIDLE WAY |
| 24 Aug 2023 | £122,204 | £120,000 | 7 THURLOW WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near Bridle Way |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bridle Way |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bridle Way |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Dunholm Close |
| Jun 2024 | Anti-social behaviour | On or near The Grove |