£139,448
This estimated value is based upon the latest sale price for the house of £118,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £118,000 | 30 Oct 2020 |
| £118,000 | 30 Oct 2019 |
| 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 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £118,000 results in an estimated price of approximately £139,448.
| 30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £118,000 | £21,448 | £139,448 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | -8.260 % | £-9,746 | £108,253 |
| 3 Month Average | 1.895 % | £2,235 | £120,235 |
| 6 Month Average | 5.084 % | £5,999 | £123,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £148,370 | £145,000 | 32 LANGHORN CLOSE |
| 1 Sep 2023 | £153,381 | £150,000 | 18 GRAFTON CLOSE |
| 17 Feb 2023 | £231,547 | £230,000 | 88A SHIELDS ROAD |
| 5 Apr 2022 | £107,892 | £104,000 | 184 - 186 SHIELDS ROAD |
| 29 Nov 2021 | £130,742 | £120,000 | 13 LANGHORN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Edwin Street | |
| Jul 2024 | Anti-social behaviour | On or near Edwin Street | |
| Jul 2024 | Anti-social behaviour | On or near Edwin Street | |
| Jun 2024 | Anti-social behaviour | On or near Edwin Street | |
| Jun 2024 | Anti-social behaviour | On or near Edwin Street |