£291,935
This estimated value is based upon the latest sale price for the house of £238,669 on 15 May 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Eastwood Gardens
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Price Paid | Date |
---|---|
£238,669 | 15 May 2020 |
£215,000 | 24 Nov 2014 |
£187,500 | 13 Aug 2009 |
£165,000 | 22 Aug 2003 |
£65,000 | 12 Mar 1997 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 May 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £238,669 results in an estimated price of approximately £291,935.
15 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.318 % | £238,669 | £53,266 | £291,935 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 129.695 % | £309,542 | £548,211 |
3 Month Average | 0.029 % | £68 | £238,737 |
6 Month Average | 5.639 % | £13,457 | £252,126 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £274,057 | £270,000 | 2 EASTWOOD GARDENS |
29 Sep 2023 | £316,041 | £312,000 | 31 EASTWOOD GARDENS |
11 Sep 2023 | £336,300 | £332,000 | 55 KENTON LANE |
11 Jul 2023 | £162,183 | £160,000 | 11 KENTON CRESCENT |
17 Mar 2023 | £132,246 | £131,000 | 53 KENTON CRESCENT |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 19 Jun 2014. Using an estimated price of £291,935 means this house is valued at £2,948 per sq meter (£273 per sq foot).
The average size of a house on EASTWOOD GARDENS is 111 sq meters (1,197 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Eastwood Gardens |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Eastwood Gardens |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Eastwood Gardens |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rokeby Drive |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rokeby Drive |