£131,580
This estimated value is based upon the latest sale price for the house of £105,000 on 22 Jun 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £105,000 | 22 Jun 2018 |
| £95,000 | 31 Jul 2015 |
| £50,500 | 16 Nov 2001 |
| £41,000 | 13 Aug 1999 |
| £37,500 | 12 Jul 1996 |
| Terraced |
| 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 June 2018 the House Price Index for TYNE AND WEAR was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £105,000 results in an estimated price of approximately £131,580.
| 22 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £105,000 | £26,580 | £131,580 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | -14.122 % | £-14,828 | £90,171 |
| 3 Month Average | 33.403 % | £35,072 | £140,072 |
| 6 Month Average | 22.396 % | £23,515 | £128,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £158,500 | £158,500 | 7 WEST VIEW |
| 18 Aug 2023 | £150,209 | £147,500 | 5 THE OLD CO-OP EAST VIEW |
| 29 Jun 2023 | £214,294 | £210,000 | 11 NORTH VIEW |
| 23 Jun 2023 | £146,435 | £143,500 | 1 THE OLD CO-OP EAST VIEW |
| 17 May 2022 | £200,216 | £195,000 | 23 SOUTH VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stannerford Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stannerford Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Stannerford Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Clara View |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Clara View |