£169,297
This estimated value is based upon the latest sale price for the house of £165,000 on 27 Nov 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £165,000 | 27 Nov 2023 |
| 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 November 2023 the House Price Index for TYNE AND WEAR was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £165,000 results in an estimated price of approximately £169,297.
| 27 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £165,000 | £4,297 | £169,297 |
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 | 182.495 % | £301,117 | £466,117 |
| 3 Month Average | 1.861 % | £3,070 | £168,070 |
| 6 Month Average | -7.106 % | £-11,725 | £153,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £167,575 | £165,000 | 18 WOODSIDE GROVE |
| 27 Nov 2023 | £169,297 | £165,000 | 6 WINDSOR TERRACE |
| 24 Mar 2023 | £191,193 | £188,000 | 38 OAKFIELD CLOSE |
| 19 Aug 2022 | £205,963 | £205,000 | 3 BALMORAL TERRACE |
| 14 Jul 2022 | £171,670 | £169,950 | 39 OAKFIELD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Woodside Grove |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodside Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Drumoyne Close |
| May 2024 | Other crime | Under investigation | On or near Drumoyne Close |
| May 2024 | Public order | Under investigation | On or near Drumoyne Close |