£151,518
This estimated value is based upon the latest sale price for the house of £150,000 on 15 Jul 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £150,000 | 15 Jul 2022 |
| £98,000 | 17 Jan 2013 |
| £51,000 | 11 May 2001 |
| £46,000 | 20 Feb 1998 |
| Semi-Detached |
| Leasehold |
| Floor Area: 41 sq meters or 447 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 July 2022 the House Price Index for TYNE AND WEAR was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £150,000 results in an estimated price of approximately £151,518.
| 15 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £150,000 | £1,518 | £151,518 |
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 | -0.377 % | £-564 | £149,435 |
| 3 Month Average | 14.653 % | £21,979 | £171,979 |
| 6 Month Average | 9.802 % | £14,703 | £164,703 |
| 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 41 sq meters or 447 sq feet when measured on 24 Feb 2012. Using an estimated price of £151,518 means this house is valued at £3,647 per sq meter (£338 per sq foot).
The average size of a house on GARDNER PARK is 67 sq meters (728 sq feet).
This house is the smallest in the street with a floor area of 41 sq meters (447 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 |