£292,872
This estimated value is based upon the latest sale price for the house of £65,950 on 16 Apr 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £65,950 | 16 Apr 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 April 1999 the House Price Index for TYNE AND WEAR was 33.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 344.083%.Applying this 344.083% change to the original purchase price of £65,950 results in an estimated price of approximately £292,872.
| 16 Apr 1999 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 148.0 | 344.083 % | £65,950 | £226,922 | £292,872 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 169.968 % | £112,094 | £178,044 |
| 3 Month Average | 263.649 % | £173,876 | £239,826 |
| 6 Month Average | 231.463 % | £152,649 | £218,599 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £115,390 | £115,000 | 21 LYNDEN GATE CROMER AVENUE |
| 18 Aug 2023 | £344,596 | £342,500 | 29 CROMER AVENUE |
| 21 Jul 2023 | £201,910 | £200,000 | 20 DAWLISH GARDENS |
| 28 Apr 2023 | £115,861 | £115,000 | 18 LYNDEN GATE CROMER AVENUE |
| 9 Mar 2023 | £482,609 | £480,000 | 760 DURHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Dawlish Gardens |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wells Gardens |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cedars Green |
| Apr 2024 | Anti-social behaviour | On or near Weymouth Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Weymouth Gardens |