£355,854
This estimated value is based upon the latest sale price for the house of £217,000 on 26 Jul 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £217,000 | 26 Jul 2013 |
| £170,000 | 18 Sep 2009 |
| £203,000 | 10 Sep 2004 |
| £129,950 | 27 Jun 2002 |
| £20,000 | 28 Jan 1998 |
| £67,000 | 28 Feb 1996 |
| 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 July 2013 the House Price Index for TYNE AND WEAR was 89.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 63.988%.Applying this 63.988% change to the original purchase price of £217,000 results in an estimated price of approximately £355,854.
| 26 Jul 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 146.7 | 63.988 % | £217,000 | £138,854 | £355,854 |
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 | -12.630 % | £-27,406 | £189,593 |
| 3 Month Average | 19.809 % | £42,985 | £259,985 |
| 6 Month Average | 26.009 % | £56,439 | £273,439 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Under investigation | On or near Cragside Gardens |
| Mar 2024 | Other crime | Under investigation | On or near Bus/Coach Station |
| Jan 2024 | Burglary | Awaiting court outcome | On or near Applewood |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Applewood |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Applewood |