£252,055
This estimated value is based upon the latest sale price for the house of £137,500 on 23 Aug 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £137,500 | 23 Aug 2005 |
| 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 August 2005 the House Price Index for TYNE AND WEAR was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £137,500 results in an estimated price of approximately £252,055.
| 23 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £137,500 | £114,555 | £252,055 |
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 | 15.136 % | £20,812 | £158,312 |
| 3 Month Average | 23.765 % | £32,677 | £170,177 |
| 6 Month Average | 38.465 % | £52,888 | £190,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £174,883 | £173,000 | 19 DOWNEND ROAD |
| 10 Aug 2022 | £172,536 | £173,000 | 64 LANGDON ROAD |
| 28 Jul 2022 | £175,723 | £175,250 | 15 HORWOOD AVENUE |
| 6 Jul 2022 | £235,634 | £235,000 | 55 BRENDALE AVENUE |
| 8 Apr 2022 | £144,172 | £140,000 | 59 LANGDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Horwood Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Horwood Avenue |
| Jan 2024 | Vehicle crime | Under investigation | On or near Kendale Walk |
| Jan 2024 | Anti-social behaviour | On or near Downend Road | |
| Jan 2024 | Anti-social behaviour | On or near Downend Road |