£227,977
This estimated value is based upon the latest sale price for the house of £185,000 on 17 Oct 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 |
|---|---|
| £185,000 | 17 Oct 2018 |
| £50,000 | 31 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 sq feet |
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 October 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £185,000 results in an estimated price of approximately £227,977.
| 17 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £185,000 | £42,977 | £227,977 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | -0.958 % | £-1,772 | £183,227 |
| 3 Month Average | 25.479 % | £47,136 | £232,136 |
| 6 Month Average | 19.526 % | £36,123 | £221,123 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £141,813 | £140,000 | 133 GRANGE ROAD |
| 11 Aug 2023 | £284,993 | £282,500 | 31 GRANGE ROAD |
| 24 Mar 2023 | £85,808 | £85,000 | 67 ACANTHUS AVENUE |
| 23 Jan 2023 | £99,531 | £100,000 | 38 ACANTHUS AVENUE |
| 16 Jan 2023 | £149,297 | £150,000 | 53 CEDAR ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 22 May 2018. Using an estimated price of £227,977 means this house is valued at £2,091 per sq meter (£194 per sq foot).
The average size of a house on HINDLEY GARDENS is 137 sq meters (1,483 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hindley Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hindley Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grange Road |
| Feb 2024 | Drugs | Under investigation | On or near Grange Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Acanthus Avenue |