£173,623
This estimated value is based upon the latest sale price for the house of £95,500 on 11 Aug 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £95,500 | 11 Aug 2009 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,074 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 August 2009 the House Price Index for TYNE AND WEAR was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £95,500 results in an estimated price of approximately £173,623.
| 11 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 149.7 | 81.804 % | £95,500 | £78,123 | £173,623 |
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 | 40.650 % | £38,820 | £134,320 |
| 3 Month Average | 39.720 % | £37,932 | £133,432 |
| 6 Month Average | 42.745 % | £40,821 | £136,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £102,324 | £100,000 | 3 EDNA TERRACE |
| 15 Sep 2023 | £108,952 | £106,550 | 38 NORTH AVENUE |
| 24 Mar 2023 | £148,480 | £146,000 | 7 ROWEDGE WALK |
| 31 Jan 2023 | £97,260 | £97,000 | 69 FAIRSPRING |
| 12 Sep 2022 | £159,893 | £160,000 | 5 ROWEDGE WALK |
This house has a floor area of 99 sq meters or 1,074 sq feet when measured on 12 Mar 2009. Using an estimated price of £173,623 means this house is valued at £1,740 per sq meter (£161 per sq foot).
The average size of a house on ROWEDGE WALK is 102 sq meters (1,102 sq feet).
This house is the largest in the street with a floor area of 99 sq meters (1,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Avenue |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lynden Gardens |
| Sep 2024 | Public order | Under investigation | On or near Lynden Gardens |
| Aug 2024 | Shoplifting | Under investigation | On or near Lynden Gardens |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Lynden Gardens |