£427,971
This estimated value is based upon the latest sale price for the house of £75,950 on 30 Jun 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Martello Gardens
More crime details
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Price Paid | Date |
---|---|
£75,950 | 30 Jun 1995 |
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 June 1995 the House Price Index for TYNE AND WEAR was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.491%.Applying this 463.491% change to the original purchase price of £75,950 results in an estimated price of approximately £427,971.
30 Jun 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 148.6 | 463.491 % | £75,950 | £352,021 | £427,971 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 289.056 % | £219,538 | £295,488 |
3 Month Average | 202.208 % | £153,576 | £229,526 |
6 Month Average | 290.277 % | £220,465 | £296,415 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £227,914 | £225,000 | 63 ST ALBANS CRESCENT |
14 Aug 2023 | £220,933 | £219,000 | 135 COAST ROAD |
17 Feb 2023 | £369,751 | £370,000 | 9 SHERFIELD DRIVE |
24 Nov 2022 | £123,504 | £125,000 | 26 ST ALBANS CRESCENT |
16 May 2022 | £258,878 | £254,000 | 52 TURBINIA GARDENS |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Martello Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Martello Gardens |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Alban'S Crescent |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Benton Hall Walk |
Dec 2023 | Burglary | Under investigation | On or near Benton Hall Walk |