£195,900
This estimated value is based upon the latest sale price for the house of £193,000 on 1 Nov 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £193,000 | 1 Nov 2023 |
| £185,100 | 21 Feb 2022 |
| £148,500 | 23 Jan 2018 |
| £132,000 | 29 Oct 2010 |
| £153,000 | 20 May 2005 |
| £59,950 | 12 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 894 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 November 2023 the House Price Index for TYNE AND WEAR was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £193,000 results in an estimated price of approximately £195,900.
| 1 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £193,000 | £2,900 | £195,900 |
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 | -15.306 % | £-29,541 | £163,458 |
| 3 Month Average | -11.687 % | £-22,556 | £170,443 |
| 6 Month Average | -0.565 % | £-1,089 | £191,910 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £195,900 | £193,000 | 16 WESTGARTH |
| 29 Sep 2023 | £177,267 | £175,000 | 102 WESTGARTH |
| 15 Sep 2023 | £232,979 | £230,000 | 74 WESTGARTH |
| 26 Jun 2023 | £187,268 | £185,000 | 6 BEDEBURN ROAD |
| 24 Feb 2023 | £214,855 | £215,000 | 48 WESTGARTH |
This house has a floor area of 83 sq meters or 894 sq feet when measured on 6 Mar 2009. Using an estimated price of £195,900 means this house is valued at £2,358 per sq meter (£219 per sq foot).
The average size of a house on WESTGARTH is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Westgarth |
| Mar 2024 | Burglary | Under investigation | On or near Priory Way |
| Mar 2024 | Anti-social behaviour | On or near Priory Way | |
| Jan 2024 | Anti-social behaviour | On or near St Marks Court | |
| Jan 2024 | Anti-social behaviour | On or near St Marks Court |