£364,112
This estimated value is based upon the latest sale price for the house of £109,000 on 24 Aug 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £109,000 | 24 Aug 2001 |
| 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 August 2001 the House Price Index for TYNE AND WEAR was 44.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 234.049%.Applying this 234.049% change to the original purchase price of £109,000 results in an estimated price of approximately £364,112.
| 24 Aug 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 149.7 | 234.049 % | £109,000 | £255,112 | £364,112 |
The Postcode Pricing Model uses changes in average sales price within the NE39 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 | 133.922 % | £145,974 | £254,974 |
| 3 Month Average | 81.871 % | £89,239 | £198,239 |
| 6 Month Average | 127.543 % | £139,021 | £248,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £307,672 | £305,000 | DERWENT HOUSE STATION ROAD |
| 11 Aug 2023 | £407,347 | £400,000 | SPRINGVALE THE AVENUE |
| 15 Jun 2023 | £280,624 | £275,000 | CANYELLAS THE CRESCENT |
| 19 Aug 2022 | £411,926 | £410,000 | HAMSTERLEY TAYLOR AVENUE |
| 12 May 2022 | £133,477 | £130,000 | 26B THE CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Taylor Avenue |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Taylor Avenue |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Stirling Avenue |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Stirling Avenue |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Stirling Avenue |