£123,357
This estimated value is based upon the latest sale price for the house of £100,000 on 18 Dec 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 |
|---|---|
| £100,000 | 18 Dec 2018 |
| £112,500 | 28 Jun 2018 |
| £39,950 | 25 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 December 2018 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £100,000 results in an estimated price of approximately £123,357.
| 18 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £100,000 | £23,357 | £123,357 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -7.669 % | £-7,669 | £92,330 |
| 3 Month Average | 20.381 % | £20,380 | £120,380 |
| 6 Month Average | 15.332 % | £15,332 | £115,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £156,901 | £155,000 | 51 HIGHWORTH DRIVE |
| 9 Jun 2023 | £139,186 | £137,500 | 14 HEUGH HILL |
| 6 Apr 2023 | £104,121 | £103,000 | 19 HEUGH HILL |
| 25 Nov 2022 | £135,360 | £137,000 | 41 HIGHWORTH DRIVE |
| 30 May 2022 | £351,626 | £345,000 | THE OLD POLICE HOUSE HEUGH HILL |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 4 Oct 2017. Using an estimated price of £123,358 means this house is valued at £1,737 per sq meter (£161 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Peareth Hall Road |
| Jan 2024 | Anti-social behaviour | On or near Heugh Hill | |
| Jan 2024 | Anti-social behaviour | On or near Heugh Hill | |
| Jan 2024 | Anti-social behaviour | On or near Heugh Hill | |
| Feb 2024 | Anti-social behaviour | On or near Highworth Drive |