£103,930
This estimated value is based upon the latest sale price for the house of £104,000 on 6 Feb 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 |
---|---|
£104,000 | 6 Feb 2023 |
£84,000 | 20 Nov 2019 |
£75,000 | 26 Apr 2018 |
£25,000 | 7 Nov 1997 |
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 February 2023 the House Price Index for TYNE AND WEAR was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £104,000 results in an estimated price of approximately £103,930.
6 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 148.6 | -0.067 % | £104,000 | £-69 | £103,930 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | -3.412 % | £-3,548 | £100,451 |
3 Month Average | 12.353 % | £12,846 | £116,846 |
6 Month Average | 9.243 % | £9,612 | £113,612 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £60,777 | £60,000 | 1 VICTORY COTTAGES |
3 Apr 2023 | £108,165 | £107,000 | 3 HEDGEFIELD VIEW |
6 Feb 2023 | £103,930 | £104,000 | 5 VICTORY COTTAGES |
1 Jun 2022 | £87,233 | £86,000 | 3 NORTH VILLAS |
22 Feb 2022 | £81,798 | £78,000 | 27 HEDGEFIELD VIEW |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Hedgefield View | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hedgefield View |
Apr 2024 | Anti-social behaviour | On or near Dudley Lane | |
Mar 2024 | Anti-social behaviour | On or near Dudley Lane | |
Mar 2024 | Anti-social behaviour | On or near Dudley Lane |