£178,607
This estimated value is based upon the latest sale price for the house of £111,000 on 24 Jan 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £111,000 | 24 Jan 2014 |
| £75,000 | 12 Dec 2012 |
| £112,000 | 25 Nov 2009 |
| £110,500 | 27 Aug 2004 |
| £25,000 | 21 Dec 1995 |
| Terraced |
| 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 January 2014 the House Price Index for TYNE AND WEAR was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £111,000 results in an estimated price of approximately £178,607.
| 24 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £111,000 | £67,607 | £178,607 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 1.732 % | £1,922 | £112,922 |
| 3 Month Average | 29.775 % | £33,049 | £144,049 |
| 6 Month Average | 32.500 % | £36,074 | £147,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £250,523 | £245,000 | 14 ROCKWOOD HILL ESTATE |
| 29 Aug 2023 | £117,112 | £115,000 | 6 MILTON STREET |
| 9 Jun 2023 | £168,374 | £165,000 | 69 ROCKWOOD HILL ESTATE |
| 20 Jan 2023 | £104,279 | £104,000 | 5 PLANTATION COURT |
| 29 Jul 2022 | £126,265 | £125,000 | 32 MILTON STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Milton Street | |
| Sep 2024 | Anti-social behaviour | On or near Milton Street | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Milton Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Milton Street |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Bradley Fell Road |