£277,020
This estimated value is based upon the latest sale price for the house of £230,000 on 12 Mar 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £230,000 | 12 Mar 2020 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 March 2020 the House Price Index for TYNE AND WEAR was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £230,000 results in an estimated price of approximately £277,020.
| 12 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £230,000 | £47,020 | £277,020 |
The Postcode Pricing Model uses changes in average sales price within the NE10 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 | 7.783 % | £17,899 | £247,899 |
| 3 Month Average | 25.215 % | £57,993 | £287,993 |
| 6 Month Average | 29.926 % | £68,830 | £298,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £217,785 | £215,000 | HYLTON HOUSE, 2 HIGHBURN TERRACE |
| 5 Apr 2023 | £222,395 | £220,000 | 29 ST EDMUNDS DRIVE |
| 6 Sep 2022 | £166,158 | £167,500 | 42 HIGH LANES |
| 2 Aug 2022 | £77,292 | £77,500 | 28 HIGH LANES |
| 29 Apr 2022 | £221,407 | £215,000 | 36 HIGH LANES |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 11 Jun 2019. Using an estimated price of £277,020 means this house is valued at £2,022 per sq meter (£187 per sq foot).
The average size of a house on HIGH HEWORTH LANE is 115 sq meters (1,241 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near St Cuthbert'S Drive |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near St Cuthbert'S Drive |
| Mar 2024 | Anti-social behaviour | On or near St Cuthbert'S Drive | |
| Mar 2024 | Anti-social behaviour | On or near St Cuthbert'S Drive | |
| Mar 2024 | Vehicle crime | Under investigation | On or near St Cuthbert'S Drive |