£249,684
This estimated value is based upon the latest sale price for the house of £159,950 on 7 Sep 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £159,950 | 7 Sep 2007 |
| £147,000 | 5 Nov 2004 |
| 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 September 2007 the House Price Index for TYNE AND WEAR was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £159,950 results in an estimated price of approximately £249,684.
| 7 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £159,950 | £89,734 | £249,684 |
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 | 19.172 % | £30,665 | £190,615 |
| 3 Month Average | 11.884 % | £19,008 | £178,958 |
| 6 Month Average | 16.451 % | £26,314 | £186,264 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £142,493 | £140,000 | 41 DILSTON DRIVE |
| 22 Sep 2023 | £173,215 | £171,000 | 6 ROACHBURN ROAD |
| 28 Jul 2023 | £130,253 | £128,500 | 7 DILSTON DRIVE |
| 7 Jul 2023 | £248,342 | £245,000 | 16 LANGDON ROAD |
| 27 Apr 2023 | £171,850 | £170,000 | 11 LANGDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Bamburgh Road |
| Mar 2024 | Anti-social behaviour | On or near Bamburgh Road | |
| Feb 2024 | Anti-social behaviour | On or near Bamburgh Road | |
| Feb 2024 | Anti-social behaviour | On or near Bamburgh Road | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Bamburgh Road |