£176,904
This estimated value is based upon the latest sale price for the house of £110,000 on 16 Feb 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £110,000 | 16 Feb 2007 |
| £49,500 | 25 Oct 2002 |
| £36,600 | 18 Apr 1997 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 February 2007 the House Price Index for TYNE AND WEAR was 91.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 60.823%.Applying this 60.823% change to the original purchase price of £110,000 results in an estimated price of approximately £176,904.
| 16 Feb 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 146.7 | 60.823 % | £110,000 | £66,904 | £176,904 |
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 | 25.580 % | £28,138 | £138,138 |
| 3 Month Average | 17.399 % | £19,138 | £129,138 |
| 6 Month Average | 27.711 % | £30,481 | £140,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £81,091 | £80,000 | 33 BADEN POWELL STREET |
| 14 Jul 2023 | £129,239 | £127,500 | 3 CONWAY SQUARE |
| 23 Jun 2023 | £134,631 | £133,000 | 78 CARR HILL ROAD |
| 10 Mar 2023 | £191,807 | £190,000 | 8 NORWOOD GARDENS |
| 30 Nov 2021 | £88,684 | £82,000 | 36 FULLERTON PLACE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 12 Mar 2015.
The average size of a house on OLD DURHAM ROAD is 83 sq meters (895 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lynnholme Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lynnholme Gardens |
| Mar 2024 | Burglary | Under investigation | On or near Methuen Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Methuen Street |
| Mar 2024 | Anti-social behaviour | On or near Methuen Street |