£375,086
This estimated value is based upon the latest sale price for the house of £171,000 on 5 Dec 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £171,000 | 5 Dec 2003 |
| Detached |
| 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 December 2003 the House Price Index for TYNE AND WEAR was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £171,000 results in an estimated price of approximately £375,086.
| 5 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 149.7 | 119.349 % | £171,000 | £204,086 | £375,086 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 133.923 % | £229,008 | £400,008 |
| 3 Month Average | 68.122 % | £116,489 | £287,489 |
| 6 Month Average | 57.501 % | £98,326 | £269,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £240,000 | £240,000 | 27 NEWLANDS AVENUE |
| 6 Mar 2024 | £355,461 | £350,000 | 2 BAINBRIDGE HOLME CLOSE |
| 15 Dec 2023 | £255,346 | £247,500 | 31 BAINBRIDGE HOLME ROAD |
| 6 Nov 2023 | £189,818 | £185,000 | 159 QUEEN ALEXANDRA ROAD |
| 28 Apr 2023 | £168,145 | £165,000 | 169 QUEEN ALEXANDRA ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Awaiting court outcome | On or near Bainbridge Holme Close |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairholme Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fairholme Road |
| Aug 2024 | Anti-social behaviour | On or near Tunstall Road | |
| Aug 2024 | Anti-social behaviour | On or near Tunstall Road |