£257,832
This estimated value is based upon the latest sale price for the house of £254,000 on 16 May 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £254,000 | 16 May 2022 |
| £66,000 | 2 Mar 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 May 2022 the House Price Index for TYNE AND WEAR was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £254,000 results in an estimated price of approximately £257,832.
| 16 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £254,000 | £3,832 | £257,832 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | -8.911 % | £-22,633 | £231,366 |
| 3 Month Average | 14.704 % | £37,349 | £291,349 |
| 6 Month Average | 5.090 % | £12,929 | £266,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £227,300 | £223,000 | 30 TURBINIA GARDENS |
| 3 Nov 2023 | £339,357 | £335,000 | 10 SHERFIELD DRIVE |
| 13 Jul 2023 | £383,629 | £380,000 | 14 COCHRANE PARK AVENUE |
| 17 Feb 2023 | £288,635 | £290,000 | 49 COCHRANE PARK AVENUE |
| 17 Feb 2023 | £368,258 | £370,000 | 9 SHERFIELD DRIVE |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 12 Nov 2021. Using an estimated price of £257,833 means this house is valued at £1,601 per sq meter (£148 per sq foot).
The average size of a house on TURBINIA GARDENS is 107 sq meters (1,155 sq feet).
This house is the largest in the street with a floor area of 161 sq meters (1,732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Benton Hall Walk |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Martello Gardens |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Martello Gardens |
| Mar 2024 | Anti-social behaviour | On or near Bretton Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Bretton Gardens |