£137,041
This estimated value is based upon the latest sale price for the house of £110,000 on 3 Apr 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £110,000 | 3 Apr 2019 |
| £53,000 | 5 Jan 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 April 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £110,000 results in an estimated price of approximately £137,041.
| 3 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £110,000 | £27,041 | £137,041 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 56.291 % | £61,919 | £171,919 |
| 3 Month Average | 12.468 % | £13,714 | £123,714 |
| 6 Month Average | 31.760 % | £34,936 | £144,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £154,755 | £150,000 | 77 BIRCHWOOD AVENUE |
| 18 Dec 2023 | £155,271 | £150,500 | 100 FERNDENE GROVE |
| 17 Feb 2023 | £144,113 | £143,150 | 58 GUELDER ROAD |
| 7 Sep 2022 | £150,899 | £151,000 | 95 FERNDENE GROVE |
| 10 Aug 2022 | £165,273 | £164,500 | 85 GUELDER ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 12 Jul 2017. Using an estimated price of £137,042 means this house is valued at £2,045 per sq meter (£190 per sq foot).
The average size of a house on GUELDER ROAD is 70 sq meters (761 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Buckthorne Grove | |
| Jun 2024 | Anti-social behaviour | On or near Buckthorne Grove | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Wych Elm Crescent |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Benton Road |
| May 2024 | Public order | Under investigation | On or near Benton Road |