£227,636
This estimated value is based upon the latest sale price for the house of £52,000 on 25 Jun 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £52,000 | 25 Jun 1999 |
| 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 June 1999 the House Price Index for TYNE AND WEAR was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £52,000 results in an estimated price of approximately £227,636.
| 25 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 148.6 | 337.762 % | £52,000 | £175,636 | £227,636 |
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 | 201.732 % | £104,900 | £156,900 |
| 3 Month Average | 213.589 % | £111,066 | £163,066 |
| 6 Month Average | 242.384 % | £126,039 | £178,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £137,029 | £135,000 | 3 TERRY COONEY PLACE |
| 21 Jul 2023 | £136,842 | £135,000 | 18 TERRY COONEY PLACE |
| 10 Feb 2023 | £109,876 | £109,950 | 11 ABBOTSMEADE CLOSE |
| 30 Jun 2022 | £170,408 | £168,000 | 49 LANERCOST DRIVE |
| 15 Jun 2022 | £93,319 | £92,000 | 16 FRIARS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Abbotsmeade Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Abbotsmeade Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lanercost Drive |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near St Cuthbert'S Road |
| Jan 2024 | Anti-social behaviour | On or near St Cuthbert'S Road |