£171,322
This estimated value is based upon the latest sale price for the house of £53,500 on 30 Nov 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £53,500 | 30 Nov 2001 |
| £40,000 | 27 Oct 1997 |
| Terraced |
| 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 November 2001 the House Price Index for TYNE AND WEAR was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £53,500 results in an estimated price of approximately £171,322.
| 30 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 148.6 | 220.228 % | £53,500 | £117,822 | £171,322 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 228.942 % | £122,484 | £175,984 |
| 3 Month Average | 176.492 % | £94,422 | £147,922 |
| 6 Month Average | 173.708 % | £92,933 | £146,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £81,202 | £80,000 | 7 ST AGNES TERRACE |
| 31 Mar 2023 | £161,522 | £160,000 | 17 JARVIS DRIVE |
| 16 Mar 2023 | £70,666 | £70,000 | 12 GREENWELL TERRACE |
| 24 Feb 2023 | £389,738 | £390,000 | 18 ST AGNES GARDENS WEST |
| 25 Nov 2022 | £245,032 | £248,000 | 1 KINGSLEY TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Moralee Close |
| Jan 2024 | Anti-social behaviour | On or near Jarvis Drive | |
| Jan 2024 | Anti-social behaviour | On or near Jarvis Drive | |
| Jan 2024 | Anti-social behaviour | On or near Jarvis Drive | |
| Feb 2024 | Vehicle crime | Under investigation | On or near Chesters Gardens |