£160,838
This estimated value is based upon the latest sale price for the house of £127,000 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£127,000 | 8 Dec 2017 |
£114,000 | 21 Jan 2005 |
£59,995 | 26 Sep 1997 |
Semi-Detached |
Leasehold |
Floor Area: 60 sq meters or 646 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 December 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £127,000 results in an estimated price of approximately £160,838.
8 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 149.7 | 26.645 % | £127,000 | £33,838 | £160,838 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 11.305 % | £14,357 | £141,357 |
3 Month Average | 32.523 % | £41,303 | £168,303 |
6 Month Average | 22.899 % | £29,082 | £156,082 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £165,072 | £160,000 | 31 GARDNER PARK |
9 Jun 2023 | £122,454 | £120,000 | 8 GARDNER PARK |
15 Jul 2022 | £154,549 | £153,000 | 104 GARDNER PARK |
15 Jul 2022 | £151,518 | £150,000 | 97 GARDNER PARK |
17 Jun 2022 | £204,369 | £200,000 | 125 GARDNER PARK |
This house has a floor area of 60 sq meters or 646 sq feet when measured on 6 Oct 2009. Using an estimated price of £160,839 means this house is valued at £2,677 per sq meter (£248 per sq foot).
The average size of a house on GARDNER PARK is 67 sq meters (728 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Public order | Under investigation | On or near Gardner Park |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gardner Park |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Gardner Park |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Chirton Green |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Collingwood View |