£278,160
This estimated value is based upon the latest sale price for the house of £153,000 on 19 Aug 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 |
|---|---|
| £153,000 | 19 Aug 2009 |
| 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 August 2009 the House Price Index for TYNE AND WEAR was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £153,000 results in an estimated price of approximately £278,160.
| 19 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 149.7 | 81.804 % | £153,000 | £125,160 | £278,160 |
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 | -8.548 % | £-13,078 | £139,921 |
| 3 Month Average | 21.492 % | £32,883 | £185,883 |
| 6 Month Average | 30.924 % | £47,313 | £200,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £137,761 | £135,000 | 27 ST ALBANS CRESCENT |
| 2 Mar 2023 | £124,581 | £122,500 | 36 ST ALBANS CRESCENT |
| 9 Feb 2023 | £120,807 | £120,000 | 2 ST ALBANS CRESCENT |
| 24 Nov 2022 | £124,418 | £125,000 | 28 ST ALBANS CRESCENT |
| 24 Aug 2022 | £178,334 | £177,500 | 2 ALLERTON GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Redcar Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Redcar Road |
| Jul 2024 | Burglary | Under investigation | On or near Industry Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Industry Road |
| Apr 2024 | Public order | Awaiting court outcome | On or near Industry Road |