£332,232
This estimated value is based upon the latest sale price for the house of £58,950 on 16 Feb 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £58,950 | 16 Feb 1996 |
| 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 February 1996 the House Price Index for TYNE AND WEAR was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.584%.Applying this 463.584% change to the original purchase price of £58,950 results in an estimated price of approximately £332,232.
| 16 Feb 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.584 % | £58,950 | £273,282 | £332,232 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 322.599 % | £190,171 | £249,121 |
| 3 Month Average | 261.336 % | £154,057 | £213,007 |
| 6 Month Average | 282.762 % | £166,688 | £225,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £192,855 | £190,000 | 56 ST ANDREWS DRIVE |
| 25 Aug 2023 | £277,427 | £275,000 | 18 GLENEAGLES ROAD |
| 18 Aug 2023 | £266,330 | £264,000 | 23 CHOWDENE BANK |
| 7 Jul 2023 | £233,138 | £230,000 | 4 LONGNIDDRY COURT |
| 9 Jun 2023 | £218,649 | £216,000 | 47 GLENEAGLES ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Chowdene Bank |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Chowdene Bank |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near St Andrew'S Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near St Andrew'S Drive |
| Mar 2024 | Anti-social behaviour | On or near Tiverton Gardens |