£295,771
This estimated value is based upon the latest sale price for the house of £59,999 on 16 Sep 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £59,999 | 16 Sep 1997 |
| 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 September 1997 the House Price Index for TYNE AND WEAR was 29.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 392.960%.Applying this 392.960% change to the original purchase price of £59,999 results in an estimated price of approximately £295,771.
| 16 Sep 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 146.7 | 392.960 % | £59,999 | £235,772 | £295,771 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | 147.542 % | £88,523 | £148,522 |
| 3 Month Average | 212.273 % | £127,361 | £187,360 |
| 6 Month Average | 231.281 % | £138,766 | £198,765 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Weardale Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Weardale Avenue |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Wens Leydale Drive |
| Jan 2024 | Other crime | Under investigation | On or near Teesdale Grove |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Teesdale Grove |