£186,168
This estimated value is based upon the latest sale price for the house of £49,950 on 24 Aug 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £49,950 | 24 Aug 2000 |
| £36,500 | 27 Mar 1998 |
| Terraced |
| 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 August 2000 the House Price Index for TYNE AND WEAR was 40.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 272.709%.Applying this 272.709% change to the original purchase price of £49,950 results in an estimated price of approximately £186,168.
| 24 Aug 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 149.7 | 272.709 % | £49,950 | £136,218 | £186,168 |
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 | 343.793 % | £171,724 | £221,674 |
| 3 Month Average | 319.241 % | £159,460 | £209,410 |
| 6 Month Average | 269.058 % | £134,394 | £184,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £78,000 | £78,000 | 717 WELBECK ROAD |
| 18 Dec 2023 | £152,692 | £148,000 | 1 ASHBOURNE AVENUE |
| 11 Aug 2023 | £168,031 | £165,000 | 14 ASHBOURNE AVENUE |
| 14 Apr 2023 | £73,882 | £72,500 | 641 WELBECK ROAD |
| 6 Feb 2023 | £248,158 | £246,500 | 56 WESTBOURNE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Jackson Street |
| Aug 2024 | Vehicle crime | Under investigation | On or near Jackson Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Jackson Street |
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Philipson Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Philipson Street |