£196,165
This estimated value is based upon the latest sale price for the house of £110,000 on 7 Sep 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £110,000 | 7 Sep 2009 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 September 2009 the House Price Index for TYNE AND WEAR was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £110,000 results in an estimated price of approximately £196,165.
| 7 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £110,000 | £86,165 | £196,165 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 23.256 % | £25,581 | £135,581 |
| 3 Month Average | 23.421 % | £25,763 | £135,763 |
| 6 Month Average | 34.851 % | £38,336 | £148,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £146,055 | £143,500 | 12 AYTON CLOSE |
| 30 Nov 2023 | £123,833 | £122,000 | 31 CHIPCHASE CRESCENT |
| 12 Jul 2023 | £139,376 | £137,500 | 103 NAWORTH DRIVE |
| 16 Jun 2023 | £92,116 | £91,000 | 7 BAYBRIDGE ROAD |
| 15 Feb 2023 | £122,917 | £123,000 | 7 AYTON CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 25 Jun 2020. Using an estimated price of £196,165 means this house is valued at £2,307 per sq meter (£214 per sq foot).
The average size of a house on NAWORTH DRIVE is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Ayton Close |
| Mar 2024 | Other crime | Under investigation | On or near Whorlton Place |
| Mar 2024 | Anti-social behaviour | On or near Whorlton Place | |
| Mar 2024 | Anti-social behaviour | On or near Whorlton Place | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Whorlton Place |