£216,096
This estimated value is based upon the latest sale price for the house of £81,950 on 21 Oct 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £81,950 | 21 Oct 2002 |
| Terraced |
| 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 October 2002 the House Price Index for TYNE AND WEAR was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £81,950 results in an estimated price of approximately £216,096.
| 21 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 148.6 | 163.693 % | £81,950 | £134,146 | £216,096 |
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 | 61.541 % | £50,432 | £132,382 |
| 3 Month Average | 97.999 % | £80,310 | £162,260 |
| 6 Month Average | 103.634 % | £84,928 | £166,878 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £118,920 | £119,000 | 44 LEEHOLME |
| 3 Feb 2023 | £99,933 | £100,000 | 28 GILLAS LANE |
| 11 Feb 2022 | £125,843 | £120,000 | 45 MEADOW CLOSE |
| 14 Jan 2022 | £121,027 | £115,000 | 38 LEEHOLME |
| 30 Sep 2021 | £358,838 | £333,000 | 23 CRESTA VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Meadow Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meadow Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gillas Lane East |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gillas Lane East |
| Dec 2023 | Vehicle crime | Under investigation | On or near Wood Lea |