£1,667,612
This estimated value is based upon the latest sale price for the house of £1,350,000 on 25 Feb 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £1,350,000 | 25 Feb 2019 |
| £625,000 | 14 Nov 2014 |
| £630,000 | 29 Mar 2006 |
| £210,000 | 2 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 429 sq meters or 4,617 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £1,350,000 results in an estimated price of approximately £1,667,612.
| 25 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £1,350,000 | £317,612 | £1,667,612 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 25.530 % | £344,656 | £1,694,656 |
| 3 Month Average | 0.718 % | £9,693 | £1,359,693 |
| 6 Month Average | 6.426 % | £86,752 | £1,436,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £243,000 | £243,000 | FLAT D 24 PERCY GARDENS |
| 7 Aug 2023 | £453,971 | £450,000 | 78 HOTSPUR STREET |
| 31 Mar 2023 | £555,231 | £550,000 | FLAT C 34 PERCY GARDENS |
| 2 Mar 2023 | £206,950 | £205,000 | 33 HOTSPUR STREET |
| 11 Oct 2022 | £435,313 | £440,000 | FLAT A 30 PERCY GARDENS |
This house has a floor area of 429 sq meters or 4,617 sq feet when measured on 8 Sep 2014. Using an estimated price of £1,667,612 means this house is valued at £3,887 per sq meter (£361 per sq foot).
The average size of a house on PERCY GARDENS is 127 sq meters (1,369 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Percy Gardens |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Stanwick Street |
| Mar 2024 | Anti-social behaviour | On or near Back Percy Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Back Percy Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Back Percy Gardens |