£554,776
This estimated value is based upon the latest sale price for the house of £330,000 on 15 Feb 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £330,000 | 15 Feb 2013 |
| 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 February 2013 the House Price Index for TYNE AND WEAR was 88.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.114%.Applying this 68.114% change to the original purchase price of £330,000 results in an estimated price of approximately £554,776.
| 15 Feb 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.0 | 68.114 % | £330,000 | £224,776 | £554,776 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 41.182 % | £135,901 | £465,901 |
| 3 Month Average | 55.278 % | £182,418 | £512,418 |
| 6 Month Average | 44.835 % | £147,955 | £477,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £362,203 | £360,000 | 88 CLAREMONT ROAD |
| 27 Jan 2023 | £614,601 | £620,000 | 34 LONGRIDGE DRIVE |
| 1 Aug 2022 | £387,383 | £390,000 | 50 KINGSTON DRIVE |
| 15 Dec 2021 | £411,775 | £385,900 | 112 MONKSEATON DRIVE |
| 10 Jul 2020 | £385,382 | £320,000 | 22 LONGRIDGE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Links Avenue |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Longridge Drive |
| Apr 2024 | Anti-social behaviour | On or near Longridge Drive | |
| Mar 2024 | Other theft | Under investigation | On or near Shaftesbury Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shaftesbury Avenue |