£335,329
This estimated value is based upon the latest sale price for the house of £197,000 on 19 Jul 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £197,000 | 19 Jul 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 July 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £197,000 results in an estimated price of approximately £335,329.
| 19 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £197,000 | £138,329 | £335,329 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 11.549 % | £22,750 | £219,750 |
| 3 Month Average | -6.409 % | £-12,625 | £184,374 |
| 6 Month Average | 21.647 % | £42,643 | £239,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £534,349 | £525,000 | 42 JESMOND PARK WEST |
| 15 Nov 2023 | £147,179 | £145,000 | 64 JESMOND PARK WEST |
| 27 Apr 2023 | £323,483 | £320,000 | 51 WESTLANDS |
| 17 Feb 2023 | £325,781 | £326,000 | 47 WESTLANDS |
| 22 Nov 2022 | £286,529 | £290,000 | 16 FREEMAN ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Jan 2012. Using an estimated price of £335,329 means this house is valued at £3,725 per sq meter (£346 per sq foot).
The average size of a house on HAMBLEDON GARDENS is 135 sq meters (1,454 sq feet).
This house is the smallest in the street with a floor area of 90 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Hambledon Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Hambledon Gardens | |
| Dec 2023 | Vehicle crime | Under investigation | On or near Hambledon Gardens |
| Dec 2023 | Anti-social behaviour | On or near Hambledon Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Hambledon Gardens |