£87,862
This estimated value is based upon the latest sale price for the house of £89,000 on 10 Feb 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Westerhope Gardens
More crime details
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| Price Paid | Date |
|---|---|
| £89,000 | 10 Feb 2023 |
| £66,000 | 27 Jul 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 847 sq feet |
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 February 2023 the House Price Index for TYNE AND WEAR was 148.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.279%.Applying this -1.279% change to the original purchase price of £89,000 results in an estimated price of approximately £87,862.
| 10 Feb 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 146.7 | -1.279 % | £89,000 | £-1,137 | £87,862 |
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 | -18.310 % | £-16,296 | £72,703 |
| 3 Month Average | -17.384 % | £-15,472 | £73,527 |
| 6 Month Average | -10.024 % | £-8,921 | £80,078 |
This house has a floor area of 78 sq meters or 847 sq feet when measured on 20 Oct 2010.
The average size of a house on BAVINGTON DRIVE is 71 sq meters (766 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Westerhope Gardens |
| Feb 2024 | Other theft | Under investigation | On or near Westerhope Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Westerhope Gardens |