£156,952
This estimated value is based upon the latest sale price for the house of £127,000 on 20 Dec 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £127,000 | 20 Dec 2019 |
| £160,000 | 29 Mar 2019 |
| £139,950 | 26 Apr 2013 |
| Semi-Detached |
| Leasehold |
| Floor Area: 91 sq meters or 979 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 December 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £127,000 results in an estimated price of approximately £156,952.
| 20 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £127,000 | £29,952 | £156,952 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | 47.229 % | £59,980 | £186,980 |
| 3 Month Average | 58.420 % | £74,193 | £201,193 |
| 6 Month Average | 37.877 % | £48,104 | £175,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2024 | £167,500 | £167,500 | 4 BISHOPS PARK ROAD |
| 3 Apr 2024 | £133,156 | £132,000 | 49 BISHOPS PARK ROAD |
| 7 Dec 2023 | £189,833 | £184,000 | 57 BISHOPS PARK ROAD |
| 24 Nov 2023 | £194,949 | £190,000 | 29 BISHOPS PARK ROAD |
| 9 Nov 2023 | £189,818 | £185,000 | 39 BISHOPS PARK ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 25 May 2013. Using an estimated price of £156,952 means this house is valued at £1,724 per sq meter (£160 per sq foot).
The average size of a house on BISHOPS PARK ROAD is 92 sq meters (996 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodward Avenue |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodward Avenue |
| Sep 2024 | Vehicle crime | Awaiting court outcome | On or near Churchill Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bishops Park Road |
| Sep 2024 | Anti-social behaviour | On or near Bishops Park Road |