£174,347
This estimated value is based upon the latest sale price for the house of £142,500 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £142,500 | 28 Feb 2020 |
| 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 February 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £142,500 results in an estimated price of approximately £174,347.
| 28 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £142,500 | £31,847 | £174,347 |
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 | 1.128 % | £1,607 | £144,107 |
| 3 Month Average | 3.113 % | £4,436 | £146,936 |
| 6 Month Average | -5.250 % | £-7,480 | £135,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £37,479 | £37,000 | 11 RECTORY ROAD |
| 11 Aug 2023 | £121,059 | £120,000 | 2 STATION ROAD NORTH |
| 16 Mar 2023 | £161,522 | £160,000 | 40 HOLLOWDENE |
| 13 Feb 2023 | £140,326 | £140,420 | THE BREWERS ARMS, 9 FRONT STREET |
| 7 Oct 2022 | £79,148 | £80,000 | 1 STATION VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burn Lane |
| Mar 2024 | Anti-social behaviour | On or near Office Place | |
| Mar 2024 | Public order | Under investigation | On or near Office Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Office Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Office Place |