£151,377
This estimated value is based upon the latest sale price for the house of £135,995 on 26 Mar 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £135,995 | 26 Mar 2021 |
| Semi-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 March 2021 the House Price Index for TYNE AND WEAR was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £135,995 results in an estimated price of approximately £151,377.
| 26 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.6 | 11.311 % | £135,995 | £15,382 | £151,377 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 10.244 % | £13,931 | £149,926 |
| 3 Month Average | -9.666 % | £-13,145 | £122,849 |
| 6 Month Average | 9.486 % | £12,901 | £148,896 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £138,551 | £136,500 | 151 FORDFIELD ROAD |
| 22 Aug 2023 | £131,147 | £130,000 | 153 FORDFIELD ROAD |
| 13 Mar 2023 | £85,758 | £84,950 | 14 HUNWORTH CLOSE |
| 27 Feb 2023 | £87,441 | £87,500 | 15 HUNWORTH CLOSE |
| 1 Sep 2022 | £94,239 | £95,000 | 433 HYLTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Flodden Road |
| Mar 2024 | Public order | Under investigation | On or near Flodden Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Flodden Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Flodden Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Flodden Road |