£76,132
This estimated value is based upon the latest sale price for the house of £13,500 on 20 Jun 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £13,500 | 20 Jun 1996 |
| £13,500 | 20 Jun 1996 |
| Terraced |
| 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 1996 the House Price Index for TYNE AND WEAR was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 463.944%.Applying this 463.944% change to the original purchase price of £13,500 results in an estimated price of approximately £76,132.
| 20 Jun 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 463.944 % | £13,500 | £62,632 | £76,132 |
The Postcode Pricing Model uses changes in average sales price within the NE35 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 | 512.644 % | £69,206 | £82,706 |
| 3 Month Average | 198.467 % | £26,793 | £40,293 |
| 6 Month Average | 216.354 % | £29,207 | £42,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £100,000 | £100,000 | 2 BROCKLEY TERRACE |
| 22 Dec 2023 | £247,609 | £240,000 | 2 HEDWORTH LANE |
| 8 Dec 2023 | £157,335 | £152,500 | CROSS LODGE HEDWORTH LANE |
| 1 Sep 2023 | £107,367 | £105,000 | 24 WILTON GARDENS SOUTH |
| 18 Aug 2023 | £108,456 | £106,500 | 102 WILTON GARDENS NORTH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Wilton Gardens South |
| Sep 2024 | Public order | Awaiting court outcome | On or near Wilton Gardens South |
| Sep 2024 | Public order | Awaiting court outcome | On or near Wilton Gardens South |
| Oct 2024 | Public order | Under investigation | On or near Parking Area |
| Sep 2024 | Anti-social behaviour | On or near Eastcombe Close |