£113,272
This estimated value is based upon the latest sale price for the house of £95,850 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £95,850 | 2 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £95,850 results in an estimated price of approximately £113,272.
| 2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £95,850 | £17,422 | £113,272 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 9.106 % | £8,727 | £104,577 |
| 3 Month Average | 11.640 % | £11,156 | £107,006 |
| 6 Month Average | 6.345 % | £6,081 | £101,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £83,223 | £82,500 | 65 DRURIDGE DRIVE |
| 29 Sep 2023 | £165,652 | £162,000 | 42 BROOKSIDE CRESCENT |
| 5 Jun 2023 | £139,802 | £137,000 | 9 DOXFORD GARDENS |
| 2 Jun 2023 | £137,761 | £135,000 | 7 EMBLETON GARDENS |
| 14 Apr 2023 | £173,240 | £170,000 | 8 DRURIDGE DRIVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 5 Dec 2019. Using an estimated price of £113,272 means this house is valued at £1,348 per sq meter (£125 per sq foot).
The average size of a house on EMBLETON GARDENS is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Embleton Gardens |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Cottage Lane |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Cottage Lane |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Cottage Lane |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Cottage Lane |