£128,816
This estimated value is based upon the latest sale price for the house of £42,000 on 8 Feb 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£42,000 | 8 Feb 2002 |
£22,000 | 6 Sep 2001 |
Flats/Maisonettes |
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 February 2002 the House Price Index for TYNE AND WEAR was 48.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 206.706%.Applying this 206.706% change to the original purchase price of £42,000 results in an estimated price of approximately £128,816.
8 Feb 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
48.3 | 148.0 | 206.706 % | £42,000 | £86,816 | £128,816 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | 80.603 % | £33,853 | £75,853 |
3 Month Average | 146.658 % | £61,596 | £103,596 |
6 Month Average | 192.052 % | £80,661 | £122,661 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £110,083 | £108,000 | 59 BENTON LANE |
17 Aug 2023 | £70,428 | £70,000 | 2 REGENTS COURT |
17 Mar 2023 | £50,272 | £50,000 | 14 WEST MOOR COURT |
17 Mar 2023 | £205,109 | £204,000 | 11 GRAMPIAN PLACE |
14 Oct 2022 | £48,775 | £49,500 | 17 WEST MOOR COURT |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Cotswold Avenue | |
Mar 2024 | Anti-social behaviour | On or near Cotswold Avenue | |
Feb 2024 | Drugs | Under investigation | On or near Cotswold Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Cotswold Avenue |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |