£157,196
This estimated value is based upon the latest sale price for the house of £105,000 on 3 Oct 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £105,000 | 3 Oct 2014 |
| £92,000 | 3 Jul 2012 |
| £82,000 | 25 Jan 2007 |
| £40,000 | 7 Jun 2002 |
| £27,000 | 9 Feb 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 852 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 October 2014 the House Price Index for TYNE AND WEAR was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £105,000 results in an estimated price of approximately £157,196.
| 3 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £105,000 | £52,196 | £157,196 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | 73.716 % | £77,402 | £182,402 |
| 3 Month Average | 42.205 % | £44,314 | £149,314 |
| 6 Month Average | 33.133 % | £34,789 | £139,789 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £154,273 | £155,000 | 37 DOCKENDALE PLACE |
| 1 Jul 2022 | £210,567 | £210,000 | 21 WOODVALE ROAD |
| 13 Jun 2022 | £139,978 | £138,000 | 2 SHIBDON CRESCENT |
| 1 Jun 2022 | £91,290 | £90,000 | 16 SHIBDON BANK |
| 20 May 2022 | £115,170 | £113,000 | 33 HAZEL ROAD |
This house has a floor area of 79 sq meters or 852 sq feet when measured on 12 Dec 2008. Using an estimated price of £157,196 means this house is valued at £1,984 per sq meter (£184 per sq foot).
The average size of a house on HAZEL ROAD is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Willow Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Willow Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Linden Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Linden Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Linden Road |