£203,093
This estimated value is based upon the latest sale price for the house of £125,000 on 15 Nov 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £125,000 | 15 Nov 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 November 2013 the House Price Index for TYNE AND WEAR was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £125,000 results in an estimated price of approximately £203,093.
| 15 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £125,000 | £78,093 | £203,093 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 27.370 % | £34,212 | £159,212 |
| 3 Month Average | 5.420 % | £6,774 | £131,774 |
| 6 Month Average | 25.764 % | £32,205 | £157,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £67,000 | £67,000 | 15 HOGARTH DRIVE |
| 2 Jun 2023 | £85,030 | £84,000 | 22 THE PARADE |
| 4 Aug 2022 | £71,807 | £72,000 | 13 HOGARTH DRIVE |
| 27 May 2022 | £117,209 | £115,000 | 19 HOGARTH DRIVE |
| 21 Mar 2022 | £113,989 | £110,000 | 28 GAINSBOROUGH AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 12 Nov 2015. Using an estimated price of £203,094 means this house is valued at £2,744 per sq meter (£254 per sq foot).
The average size of a house on BIDDICK VILLAS is 112 sq meters (1,212 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Biddick Villas |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Biddick Villas |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Biddick Villas |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Biddick Villas |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Biddick Villas |