£85,645
This estimated value is based upon the latest sale price for the house of £69,500 on 26 Oct 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 |
|---|---|
| £69,500 | 26 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 October 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £69,500 results in an estimated price of approximately £85,645.
| 26 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £69,500 | £16,145 | £85,645 |
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 | 2.739 % | £1,903 | £71,403 |
| 3 Month Average | 13.023 % | £9,050 | £78,550 |
| 6 Month Average | 13.917 % | £9,672 | £79,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £105,563 | £104,000 | 4 HATHERSAGE GARDENS |
| 9 Jun 2023 | £97,683 | £96,500 | 39 CALVER COURT |
| 28 Apr 2023 | £90,980 | £90,000 | 25 BARDON COURT |
| 19 Apr 2023 | £73,289 | £72,500 | 33 GRINDLEFORD COURT |
| 24 Mar 2023 | £98,932 | £98,000 | 22 CALVER COURT |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 22 Sep 2018. Using an estimated price of £85,646 means this house is valued at £807 per sq meter (£75 per sq foot).
There is one other house on the street which we know the size of, this is 33 BONSALL COURT it is 121.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Haylands Square |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Haylands Square |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Haylands Square |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Haylands Square |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Haylands Square |