£227,125
This estimated value is based upon the latest sale price for the house of £184,950 on 1 Jun 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Monkridge Gardens
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £184,950 | 1 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 June 2018 the House Price Index for TYNE AND WEAR was 119.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.804%.Applying this 22.804% change to the original purchase price of £184,950 results in an estimated price of approximately £227,125.
| 1 Jun 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 146.7 | 22.804 % | £184,950 | £42,175 | £227,125 |
The Postcode Pricing Model uses changes in average sales price within the NE11 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 | 43.618 % | £80,671 | £265,621 |
| 3 Month Average | 9.318 % | £17,234 | £202,184 |
| 6 Month Average | 27.882 % | £51,568 | £236,518 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 10 Apr 2018.
The average size of a house on REDESDALE GARDENS is 92 sq meters (996 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Monkridge Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Monkridge Gardens |
| Mar 2024 | Possession of weapons | Under investigation | On or near Elm Avenue |
| Mar 2024 | Anti-social behaviour | On or near Elm Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Elm Avenue |