£201,275
This estimated value is based upon the latest sale price for the house of £164,000 on 29 Nov 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £164,000 | 29 Nov 2018 |
| £160,000 | 13 Sep 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 November 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £164,000 results in an estimated price of approximately £201,275.
| 29 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £164,000 | £37,275 | £201,275 |
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 | 60.587 % | £99,362 | £263,362 |
| 3 Month Average | 26.034 % | £42,696 | £206,696 |
| 6 Month Average | 30.314 % | £49,714 | £213,714 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £156,460 | £153,500 | 11 DENE COURT JESMOND PARK EAST |
| 23 Aug 2023 | £176,071 | £175,000 | 45 WYNCOTE COURT |
| 28 Jul 2023 | £287,722 | £285,000 | 11 JESMOND PARK COURT |
| 28 Apr 2023 | £110,824 | £110,000 | 7 HIGH DENE |
| 28 Feb 2023 | £166,214 | £167,000 | 14 DENE COURT JESMOND PARK EAST |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 16 Jul 2013. Using an estimated price of £201,276 means this house is valued at £2,719 per sq meter (£252 per sq foot).
The average size of a house on JESMOND PARK EAST is 101 sq meters (1,095 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Jesmond Park East |
| Jan 2024 | Anti-social behaviour | On or near A1058 | |
| Jan 2024 | Anti-social behaviour | On or near A1058 | |
| Jan 2024 | Anti-social behaviour | On or near A1058 | |
| Jan 2024 | Anti-social behaviour | On or near A1058 |