£272,166
This estimated value is based upon the latest sale price for the house of £221,500 on 29 Jan 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £221,500 | 29 Jan 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 January 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £221,500 results in an estimated price of approximately £272,166.
| 29 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £221,500 | £50,666 | £272,166 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 30.341 % | £67,205 | £288,705 |
| 3 Month Average | 11.050 % | £24,476 | £245,976 |
| 6 Month Average | 29.281 % | £64,857 | £286,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Sep 2024 | £281,000 | £281,000 | 15 TILBURY GROVE |
| 10 Jun 2024 | £265,000 | £265,000 | 81 HAMPTON ROAD |
| 24 Nov 2023 | £287,293 | £280,000 | 10 TILBURY GROVE |
| 9 Oct 2023 | £286,507 | £280,000 | 137 FARRINGDON ROAD |
| 18 Sep 2023 | £327,213 | £320,000 | 4 TILBURY GROVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 30 Aug 2019. Using an estimated price of £272,167 means this house is valued at £3,445 per sq meter (£320 per sq foot).
The average size of a house on HAMPTON ROAD is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hampton Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bedale Drive |
| Sep 2024 | Public order | Under investigation | On or near Bedale Drive |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Cotswold Drive |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |