£186,344
This estimated value is based upon the latest sale price for the house of £79,000 on 13 Jun 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £79,000 | 13 Jun 2003 |
| 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 June 2003 the House Price Index for TYNE AND WEAR was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £79,000 results in an estimated price of approximately £186,344.
| 13 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £79,000 | £107,344 | £186,344 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | 39.953 % | £31,563 | £110,563 |
| 3 Month Average | 64.936 % | £51,299 | £130,299 |
| 6 Month Average | 68.256 % | £53,922 | £132,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £137,164 | £135,133 | 13 REDWOOD CLOSE |
| 23 Aug 2023 | £189,155 | £187,500 | 29 NORTH ROAD |
| 21 Aug 2023 | £80,706 | £80,000 | 5 REDWOOD CLOSE |
| 6 Jun 2023 | £105,781 | £104,500 | 11 ROWAN DRIVE |
| 14 Apr 2022 | £149,321 | £145,000 | 28 NORTH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Alder Close |
| Jan 2024 | Anti-social behaviour | On or near Alexander Drive | |
| Jan 2024 | Anti-social behaviour | On or near Alexander Drive | |
| Jan 2024 | Anti-social behaviour | On or near Alexander Drive | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dunelm Road |