£293,282
This estimated value is based upon the latest sale price for the house of £120,000 on 14 Mar 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£120,000 | 14 Mar 2003 |
£54,000 | 3 Dec 1999 |
Semi-Detached |
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 March 2003 the House Price Index for TYNE AND WEAR was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £120,000 results in an estimated price of approximately £293,282.
14 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
61.3 | 149.7 | 144.402 % | £120,000 | £173,282 | £293,282 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 174.606 % | £209,526 | £329,526 |
3 Month Average | 217.021 % | £260,425 | £380,425 |
6 Month Average | 168.234 % | £201,880 | £321,880 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £139,161 | £136,000 | 49 EASTBOURNE GARDENS |
28 Apr 2023 | £134,516 | £132,000 | 75 BLACKWELL AVENUE |
3 Apr 2023 | £84,582 | £83,000 | 80 EASTBOURNE GARDENS |
10 Mar 2023 | £169,836 | £167,000 | 4 LANGDALE GARDENS |
17 Feb 2023 | £154,029 | £153,000 | 48 ASHBOURNE AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ennerdale Road |
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Eastbourne Gardens |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Ashbourne Avenue |
Nov 2024 | Violence and sexual offences | Under investigation | On or near Corby Gardens |
Nov 2024 | Violence and sexual offences | Under investigation | On or near Jackson Street |