£298,441
This estimated value is based upon the latest sale price for the house of £146,000 on 8 Apr 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £146,000 | 8 Apr 2004 |
| £124,000 | 24 Jun 2003 |
| Semi-Detached |
| Leasehold |
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 April 2004 the House Price Index for TYNE AND WEAR was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £146,000 results in an estimated price of approximately £298,441.
| 8 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £146,000 | £152,441 | £298,441 |
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 | 43.007 % | £62,790 | £208,790 |
| 3 Month Average | 47.259 % | £68,998 | £214,998 |
| 6 Month Average | 60.272 % | £87,997 | £233,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £203,562 | £200,000 | 92 CHAPEL HOUSE DRIVE |
| 22 Nov 2023 | £126,878 | £125,000 | 11 BYRON COURT |
| 30 Jun 2023 | £214,599 | £212,000 | 7 BRACKNELL GARDENS |
| 31 Mar 2023 | £199,883 | £198,000 | 105 CHAPEL HOUSE DRIVE |
| 27 Jan 2023 | £218,969 | £220,000 | 12 BEDFORD PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Bracknell Gardens | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bracknell Gardens |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Bracknell Gardens |
| Jan 2024 | Anti-social behaviour | On or near Bracknell Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Bracknell Gardens |