£143,149
This estimated value is based upon the latest sale price for the house of £29,950 on 20 Mar 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £29,950 | 20 Mar 1998 |
| Terraced |
| 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 March 1998 the House Price Index for TYNE AND WEAR was 31.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 377.961%.Applying this 377.961% change to the original purchase price of £29,950 results in an estimated price of approximately £143,149.
| 20 Mar 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 148.6 | 377.961 % | £29,950 | £113,199 | £143,149 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | 140.850 % | £42,184 | £72,134 |
| 3 Month Average | 165.236 % | £49,488 | £79,438 |
| 6 Month Average | 146.533 % | £43,886 | £73,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £23,788 | £23,500 | 45 DEERNESS ROAD |
| 21 Apr 2023 | £50,544 | £50,000 | 5 FINCHALE CLOSE |
| 21 Apr 2023 | £45,490 | £45,000 | 6 FINCHALE CLOSE |
| 27 Jan 2023 | £64,695 | £65,000 | 1 MORDEY CLOSE |
| 27 Jan 2023 | £54,742 | £55,000 | 46 DEERNESS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Finchale Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Finchale Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Finchale Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near White House Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burlington Close |