£194,457
This estimated value is based upon the latest sale price for the house of £96,500 on 11 May 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £96,500 | 11 May 2004 |
| £42,500 | 7 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 May 2004 the House Price Index for TYNE AND WEAR was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £96,500 results in an estimated price of approximately £194,457.
| 11 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £96,500 | £97,957 | £194,457 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 27.072 % | £26,124 | £122,624 |
| 3 Month Average | 41.076 % | £39,638 | £136,138 |
| 6 Month Average | 50.788 % | £49,010 | £145,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £116,489 | £115,000 | 6 CROSBY GARDENS |
| 9 Aug 2023 | £169,483 | £168,000 | 27 SCOTBY GARDENS |
| 27 Apr 2023 | £50,544 | £50,000 | 15 SCOTBY GARDENS |
| 27 Jan 2023 | £125,409 | £126,000 | 7 THURSBY GARDENS |
| 12 Aug 2022 | £104,718 | £105,000 | 35 ULVERSTON GARDENS |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 23 May 2018. Using an estimated price of £194,457 means this house is valued at £2,700 per sq meter (£250 per sq foot).
The average size of a house on BORROWDALE GARDENS is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Scotby Gardens |
| Mar 2024 | Other crime | Under investigation | On or near Borrowdale Gardens |
| Dec 2023 | Public order | Under investigation | On or near Borrowdale Gardens |
| Mar 2024 | Anti-social behaviour | On or near Carnforth Gardens | |
| Feb 2024 | Public order | Awaiting court outcome | On or near Carnforth Gardens |