£272,306
This estimated value is based upon the latest sale price for the house of £178,500 on 8 Aug 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £178,500 | 8 Aug 2014 |
| £79,000 | 21 Sep 1998 |
| Semi-Detached |
| Leasehold |
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 August 2014 the House Price Index for TYNE AND WEAR was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £178,500 results in an estimated price of approximately £272,306.
| 8 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £178,500 | £93,806 | £272,306 |
The Postcode Pricing Model uses changes in average sales price within the NE16 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 | 69.301 % | £123,701 | £302,201 |
| 3 Month Average | 34.976 % | £62,432 | £240,932 |
| 6 Month Average | 34.531 % | £61,637 | £240,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £270,000 | £270,000 | 11 CHERRYTREE DRIVE |
| 7 Mar 2024 | £297,572 | £293,000 | 6 WINDERMERE GARDENS |
| 28 Nov 2023 | £159,037 | £155,000 | 49 CHERRYTREE DRIVE |
| 4 Sep 2023 | £178,945 | £175,000 | 7 WINDERMERE GARDENS |
| 30 Aug 2023 | £269,867 | £265,000 | 5 ORCHARD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Orchard Road |
| Sep 2024 | Public order | Under investigation | On or near Crawley Gardens |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coniston Avenue |
| Sep 2024 | Shoplifting | Under investigation | On or near Devon Avenue |
| Aug 2024 | Shoplifting | Under investigation | On or near Devon Avenue |