£187,922
This estimated value is based upon the latest sale price for the house of £109,950 on 16 Mar 2012. 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 Tillmouth Gardens
More crime details
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| Price Paid | Date |
|---|---|
| £109,950 | 16 Mar 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 March 2012 the House Price Index for TYNE AND WEAR was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £109,950 results in an estimated price of approximately £187,922.
| 16 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £109,950 | £77,972 | £187,922 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 49.807 % | £54,762 | £164,712 |
| 3 Month Average | 35.593 % | £39,134 | £149,084 |
| 6 Month Average | 55.796 % | £61,347 | £171,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £284,993 | £282,500 | 31 GRANGE ROAD |
| 26 Jun 2023 | £182,207 | £180,000 | 354 WEST ROAD |
| 8 Jun 2023 | £248,004 | £245,000 | 12 TILLMOUTH GARDENS |
| 27 Apr 2023 | £262,830 | £260,000 | 94 NEWMINSTER ROAD |
| 22 Jul 2022 | £200,540 | £200,000 | 348 WEST ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 1 Jul 2021. Using an estimated price of £187,923 means this house is valued at £2,378 per sq meter (£220 per sq foot).
The average size of a house on WEST ROAD is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Tillmouth Gardens | |
| Mar 2024 | Burglary | Awaiting court outcome | On or near Tillmouth Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tillmouth Gardens |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Tillmouth Gardens |
| Jan 2024 | Anti-social behaviour | On or near Tillmouth Gardens |