£182,244
This estimated value is based upon the latest sale price for the house of £125,500 on 18 Jun 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £125,500 | 18 Jun 2015 |
| £79,950 | 14 Oct 2008 |
| Terraced |
| Leasehold |
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 2015 the House Price Index for TYNE AND WEAR was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £125,500 results in an estimated price of approximately £182,244.
| 18 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £125,500 | £56,744 | £182,244 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 31.507 % | £39,541 | £165,041 |
| 3 Month Average | 8.296 % | £10,411 | £135,911 |
| 6 Month Average | 13.838 % | £17,366 | £142,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £42,748 | £42,000 | 84 LEAZES COURT BARRACK ROAD |
| 2 Jun 2023 | £80,981 | £80,000 | 180A CLAREWOOD COURT STANHOPE STREET |
| 23 Feb 2023 | £87,941 | £88,000 | 14 BARRINGTON PLACE |
| 1 Apr 2022 | £92,682 | £90,000 | 2 LEAZES COURT BARRACK ROAD |
| 1 Apr 2022 | £87,533 | £85,000 | 50 LEAZES COURT BARRACK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Monday Crescent | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Monday Crescent |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Monday Crescent |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Monday Crescent |
| Feb 2024 | Other crime | Under investigation | On or near Monday Crescent |