£116,682
This estimated value is based upon the latest sale price for the house of £75,050 on 26 Oct 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £75,050 | 26 Oct 2007 |
| Terraced |
| 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 October 2007 the House Price Index for TYNE AND WEAR was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £75,050 results in an estimated price of approximately £116,682.
| 26 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.6 | 55.473 % | £75,050 | £41,632 | £116,682 |
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 | -5.829 % | £-4,375 | £70,674 |
| 3 Month Average | 11.842 % | £8,887 | £83,937 |
| 6 Month Average | 17.024 % | £12,776 | £87,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £137,029 | £135,000 | 96 WHITELEAS WAY |
| 10 Nov 2023 | £120,281 | £118,500 | 42 ORPEN AVENUE |
| 4 Aug 2023 | £129,130 | £128,000 | 8 TITIAN AVENUE |
| 24 Feb 2023 | £79,946 | £80,000 | 190 GALSWORTHY ROAD |
| 17 Nov 2022 | £144,253 | £146,000 | 12 HOGARTH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hogarth Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hogarth Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hogarth Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hogarth Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hogarth Road |