£121,560
This estimated value is based upon the latest sale price for the house of £95,000 on 24 Mar 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £95,000 | 24 Mar 2017 |
| £92,000 | 29 Jun 2012 |
| £87,000 | 27 Nov 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 709 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 March 2017 the House Price Index for TYNE AND WEAR was 114.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.959%.Applying this 27.959% change to the original purchase price of £95,000 results in an estimated price of approximately £121,560.
| 24 Mar 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 146.7 | 27.959 % | £95,000 | £26,560 | £121,560 |
The Postcode Pricing Model uses changes in average sales price within the NE10 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 | 7.916 % | £7,520 | £102,520 |
| 3 Month Average | 8.257 % | £7,844 | £102,844 |
| 6 Month Average | 7.499 % | £7,124 | £102,124 |
This house has a floor area of 65 sq meters or 709 sq feet when measured on 6 Mar 2012.
There is one other house on the street which we know the size of, this is 1 THIRLMERE it is 83.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Thirlmere |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Thirlmere |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thirlmere |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Thirlmere |
| Mar 2024 | Anti-social behaviour | On or near Macmillan Gardens |