£163,828
This estimated value is based upon the latest sale price for the house of £162,500 on 5 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 |
|---|---|
| £162,500 | 5 Jun 2023 |
| £160,000 | 26 May 2023 |
| £52,000 | 23 Jun 2000 |
| Semi-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 June 2023 the House Price Index for TYNE AND WEAR was 146.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.817%.Applying this 0.817% change to the original purchase price of £162,500 results in an estimated price of approximately £163,828.
| 5 Jun 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.0 | 0.817 % | £162,500 | £1,328 | £163,828 |
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 | -40.099 % | £-65,160 | £97,339 |
| 3 Month Average | -4.579 % | £-7,440 | £155,059 |
| 6 Month Average | -6.744 % | £-10,958 | £151,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £178,603 | £178,000 | 3 CROSSGATE ROAD |
| 1 Dec 2023 | £137,603 | £135,000 | 30 PIMLICO ROAD |
| 23 Aug 2023 | £179,592 | £178,500 | 22 BAILEY WAY |
| 5 Jun 2023 | £163,828 | £162,500 | 55 BAILEY WAY |
| 1 Jun 2023 | £120,931 | £119,950 | 15 PIMLICO ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Awaiting court outcome | On or near Lilywhite Terrace |
| Jan 2024 | Robbery | Awaiting court outcome | On or near Lilywhite Terrace |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near White Gates Drive |
| Mar 2024 | Drugs | Under investigation | On or near White Gates Drive |
| Mar 2024 | Drugs | Under investigation | On or near White Gates Drive |