£171,685
This estimated value is based upon the latest sale price for the house of £93,000 on 17 Jun 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £93,000 | 17 Jun 2005 |
| £25,500 | 30 May 1997 |
| 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 June 2005 the House Price Index for TYNE AND WEAR was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £93,000 results in an estimated price of approximately £171,685.
| 17 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.608 % | £93,000 | £78,685 | £171,685 |
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 | 20.715 % | £19,265 | £112,265 |
| 3 Month Average | 29.966 % | £27,868 | £120,868 |
| 6 Month Average | 43.841 % | £40,771 | £133,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £155,995 | £154,000 | 39 SOUTHMEAD AVENUE |
| 25 Aug 2023 | £139,344 | £138,125 | 41 ROSEHILL WAY |
| 24 Aug 2023 | £116,015 | £115,000 | 30 SOUTHMEAD AVENUE |
| 23 Aug 2023 | £98,360 | £97,500 | 1 OAKWOOD PLACE |
| 9 Mar 2023 | £141,332 | £140,000 | 26 BINSWOOD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barclay Place |
| Mar 2024 | Shoplifting | Under investigation | On or near Barclay Place |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Barclay Place |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Barclay Place |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Barclay Place |