£49,076
This estimated value is based upon the latest sale price for the house of £24,640 on 7 Jun 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £24,640 | 7 Jun 2004 |
| 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 2004 the House Price Index for TYNE AND WEAR was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £24,640 results in an estimated price of approximately £49,076.
| 7 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 149.7 | 99.175 % | £24,640 | £24,436 | £49,076 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 111.334 % | £27,432 | £52,072 |
| 3 Month Average | 80.427 % | £19,817 | £44,457 |
| 6 Month Average | 89.579 % | £22,072 | £46,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £116,500 | £116,500 | 111 THE HIGH ROAD |
| 24 Apr 2024 | £72,631 | £72,000 | 51 CENTENARY AVENUE |
| 15 Dec 2023 | £139,280 | £135,000 | 8 CROSS WAY |
| 30 Jun 2023 | £105,106 | £103,000 | 18 CENTENARY AVENUE |
| 14 Apr 2023 | £132,427 | £129,950 | 44 CENTENARY AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near The High Road | |
| Oct 2024 | Anti-social behaviour | On or near The High Road | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The High Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near The High Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near The High Road |