£850,822
This estimated value is based upon the latest sale price for the house of £689,000 on 7 Sep 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £689,000 | 7 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 298 sq meters or 3,207 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 September 2018 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £689,000 results in an estimated price of approximately £850,822.
| 7 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £689,000 | £161,822 | £850,822 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | -22.166 % | £-152,723 | £536,276 |
| 3 Month Average | 26.476 % | £182,418 | £871,418 |
| 6 Month Average | 36.021 % | £248,182 | £937,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £391,856 | £385,000 | 47 VENTNOR GARDENS |
| 18 Sep 2023 | £420,375 | £415,000 | 6 EASTBOURNE GARDENS |
| 15 Sep 2023 | £579,915 | £572,500 | 1 GLENDALE AVENUE |
| 20 Jul 2023 | £557,503 | £550,000 | 14 GLENDALE AVENUE |
| 14 Jul 2023 | £374,997 | £369,950 | 12 BOURNEMOUTH GARDENS |
This house has a floor area of 298 sq meters or 3,207 sq feet when measured on 12 Jul 2017. Using an estimated price of £850,822 means this house is valued at £2,855 per sq meter (£265 per sq foot).
The average size of a house on THE LINKS is 173 sq meters (1,870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Glendale Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Glendale Avenue |
| Feb 2024 | Anti-social behaviour | On or near Glendale Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Glendale Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Glendale Avenue |