£282,197
This estimated value is based upon the latest sale price for the house of £135,000 on 31 Mar 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 |
---|---|
£135,000 | 31 Mar 2004 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 955 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 March 2004 the House Price Index for TYNE AND WEAR was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £135,000 results in an estimated price of approximately £282,197.
31 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 148.6 | 109.035 % | £135,000 | £147,197 | £282,197 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | 6.345 % | £8,565 | £143,565 |
3 Month Average | 75.376 % | £101,757 | £236,757 |
6 Month Average | 92.187 % | £124,452 | £259,452 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £124,682 | £122,500 | 6 VALLUM PLACE |
14 Dec 2023 | £187,277 | £184,000 | 5 VALLUM PLACE |
14 Jul 2023 | £253,411 | £250,000 | 2 ROSEWOOD COTTAGES HEXHAM ROAD |
30 Aug 2022 | £128,654 | £129,000 | 10 RAVENSBURN WALK |
1 Jul 2022 | £152,410 | £152,000 | 83 BROOMY HILL ROAD |
This house has a floor area of 88 sq meters or 955 sq feet when measured on 14 Nov 2008. Using an estimated price of £282,197 means this house is valued at £3,177 per sq meter (£295 per sq foot).
The average size of a house on STUART GARDENS is 92 sq meters (997 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stuart Gardens |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stuart Gardens |
Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Clipstone Close |
Feb 2024 | Drugs | Awaiting court outcome | On or near Petrol Station |
Feb 2024 | Anti-social behaviour | On or near Petrol Station |