£320,795
This estimated value is based upon the latest sale price for the house of £136,000 on 13 Jun 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £136,000 | 13 Jun 2003 |
| 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 June 2003 the House Price Index for TYNE AND WEAR was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £136,000 results in an estimated price of approximately £320,795.
| 13 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £136,000 | £184,795 | £320,795 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 89.008 % | £121,050 | £257,050 |
| 3 Month Average | 89.831 % | £122,170 | £258,170 |
| 6 Month Average | 119.379 % | £162,354 | £298,354 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £116,728 | £115,000 | 73 DENHAM WALK |
| 6 Jul 2023 | £187,524 | £185,000 | 11 DORCHESTER CLOSE |
| 6 Jan 2023 | £218,969 | £220,000 | 126 CHADDERTON DRIVE |
| 26 Oct 2022 | £2,374 | £2,400 | 18 CAVERSHAM ROAD |
| 7 Sep 2022 | £183,518 | £185,000 | 5 DORCHESTER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Dundee Close |
| Feb 2024 | Anti-social behaviour | On or near Dover Close | |
| Feb 2024 | Anti-social behaviour | On or near Dover Close | |
| Dec 2023 | Public order | Under investigation | On or near Dover Close |
| Mar 2024 | Other theft | Under investigation | On or near Dorchester Close |