£121,471
This estimated value is based upon the latest sale price for the house of £120,000 on 28 Jun 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £120,000 | 28 Jun 2023 |
| £131,500 | 20 Jul 2007 |
| £130,000 | 22 Feb 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 2023 the House Price Index for TYNE AND WEAR was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £120,000 results in an estimated price of approximately £121,471.
| 28 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £120,000 | £1,471 | £121,471 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | -40.551 % | £-48,661 | £71,338 |
| 3 Month Average | -11.915 % | £-14,297 | £105,702 |
| 6 Month Average | 8.304 % | £9,964 | £129,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £175,092 | £172,500 | 15 ROSEBURY DRIVE |
| 1 Nov 2023 | £274,057 | £270,000 | 10 MAYBURY VILLAS |
| 14 Jul 2023 | £177,387 | £175,000 | 31 ROSEBURY DRIVE |
| 4 Jul 2023 | £192,592 | £190,000 | 2 MAYBURY VILLAS |
| 28 Jun 2023 | £121,471 | £120,000 | 5 ROSEBURY DRIVE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 13 Jun 2012. Using an estimated price of £121,471 means this house is valued at £1,959 per sq meter (£182 per sq foot).
The average size of a house on ROSEBURY DRIVE is 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Westbury Court |
| Mar 2024 | Anti-social behaviour | On or near Westbury Court | |
| Mar 2024 | Shoplifting | Under investigation | On or near Clent Way |
| Feb 2024 | Drugs | Under investigation | On or near Longbenton |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Longbenton |