£102,748
This estimated value is based upon the latest sale price for the house of £22,000 on 8 Jul 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£22,000 | 8 Jul 1998 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 July 1998 the House Price Index for TYNE AND WEAR was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 367.038%.Applying this 367.038% change to the original purchase price of £22,000 results in an estimated price of approximately £102,748.
8 Jul 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.8 | 148.6 | 367.038 % | £22,000 | £80,748 | £102,748 |
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 | 225.190 % | £49,541 | £71,541 |
3 Month Average | 246.724 % | £54,279 | £76,279 |
6 Month Average | 272.518 % | £59,953 | £81,953 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jul 2023 | £42,573 | £42,000 | 33 BLUEBELL DENE |
28 Apr 2023 | £39,121 | £38,700 | 5 BLUEBELL DENE |
12 Aug 2022 | £174,530 | £175,000 | 285 TREVELYAN DRIVE |
1 Jul 2022 | £421,134 | £420,000 | 64 FOXFIELD CLOSE |
13 May 2022 | £63,191 | £62,000 | 2 BLUEBELL DENE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 2 May 2014. Using an estimated price of £102,748 means this house is valued at £1,208 per sq meter (£112 per sq foot).
The average size of a house on EASTGARTH is 93 sq meters (1,007 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Eastgarth |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Eastgarth |
Feb 2024 | Anti-social behaviour | On or near Eastgarth | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Eastgarth |
Dec 2023 | Criminal damage and arson | Under investigation | On or near Eastgarth |