£226,187
This estimated value is based upon the latest sale price for the house of £167,000 on 22 Apr 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £167,000 | 22 Apr 2016 |
| £140,000 | 12 May 2004 |
| £110,000 | 7 Nov 2003 |
| £67,500 | 18 Apr 2002 |
| Terraced |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 April 2016 the House Price Index for TYNE AND WEAR was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £167,000 results in an estimated price of approximately £226,187.
| 22 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £167,000 | £59,187 | £226,187 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 10.023 % | £16,737 | £183,737 |
| 3 Month Average | 12.606 % | £21,051 | £188,051 |
| 6 Month Average | 13.907 % | £23,225 | £190,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £214,746 | £212,000 | KIMBERLEY STAFFORD VILLAS |
| 23 Jun 2023 | £110,337 | £109,000 | 5 BELLE VIEW TERRACE |
| 20 May 2022 | £151,250 | £148,400 | 5 VICTORIA TERRACE |
| 28 Jan 2022 | £134,708 | £128,000 | 5 ALEXANDRA TERRACE |
| 10 Dec 2021 | £149,993 | £140,000 | 2 CHARLBURY CLOSE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 9 Jan 2016.
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Peareth Hall Road |
| Feb 2024 | Anti-social behaviour | On or near Highworth Drive | |
| Feb 2024 | Anti-social behaviour | On or near Highworth Drive | |
| Jan 2024 | Anti-social behaviour | On or near Heugh Hill | |
| Jan 2024 | Anti-social behaviour | On or near Heugh Hill |