£129,246
This estimated value is based upon the latest sale price for the house of £75,000 on 20 Nov 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £75,000 | 20 Nov 2009 |
| £63,000 | 15 Oct 2004 |
| £17,000 | 31 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 November 2009 the House Price Index for TYNE AND WEAR was 85.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 72.329%.Applying this 72.329% change to the original purchase price of £75,000 results in an estimated price of approximately £129,246.
| 20 Nov 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 146.7 | 72.329 % | £75,000 | £54,246 | £129,246 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -30.546 % | £-22,909 | £52,090 |
| 3 Month Average | -52.178 % | £-39,133 | £35,866 |
| 6 Month Average | -12.940 % | £-9,705 | £65,294 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 3 Apr 2019.
The average size of a house on TYNE GARDENS is 69 sq meters (746 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Tyne Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Tyne Gardens | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Tyne Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Don Gardens |
| Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Viola Street |