£214,380
This estimated value is based upon the latest sale price for the house of £124,950 on 3 Aug 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £124,950 | 3 Aug 2012 |
| £39,950 | 3 Jun 1997 |
| 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 August 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £124,950 results in an estimated price of approximately £214,380.
| 3 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £124,950 | £89,430 | £214,380 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | 28.894 % | £36,102 | £161,052 |
| 3 Month Average | 17.665 % | £22,072 | £147,022 |
| 6 Month Average | 21.818 % | £27,261 | £152,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £65,569 | £65,000 | 107 MOUNT ROAD |
| 29 Nov 2023 | £79,005 | £77,000 | 11 SYCAMORE CRESCENT |
| 28 Apr 2023 | £40,761 | £39,999 | 56 MOUNT ROAD |
| 17 Feb 2023 | £170,137 | £169,000 | 114 MOUNT ROAD |
| 26 May 2022 | £77,006 | £75,000 | 10 MOUNT COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Mount Court |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Maple Avenue |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Maple Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Maple Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Maple Avenue |