£166,126
This estimated value is based upon the latest sale price for the house of £135,000 on 12 Aug 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £135,000 | 12 Aug 2019 |
| 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 August 2019 the House Price Index for TYNE AND WEAR was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £135,000 results in an estimated price of approximately £166,126.
| 12 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £135,000 | £31,126 | £166,126 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -16.807 % | £-22,689 | £112,310 |
| 3 Month Average | -10.506 % | £-14,183 | £120,816 |
| 6 Month Average | -13.381 % | £-18,064 | £116,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Dec 2021 | £56,462 | £52,700 | 25 SCHOOL ROAD |
| 17 Nov 2021 | £454,236 | £420,000 | 7 RYEHILL VIEW |
| 27 Aug 2021 | £177,383 | £159,000 | CORBY HOUSE SCHOOL ROAD |
| 11 Dec 2020 | £247,906 | £216,000 | 9 EMMBROOK CLOSE |
| 27 Nov 2020 | £237,667 | £205,000 | 5 FIELDSIDE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Meadow Street |
| Feb 2024 | Vehicle crime | Under investigation | On or near Meadow Street |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Robin Court |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Pontop Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lloyd Avenue |