£214,480
This estimated value is based upon the latest sale price for the house of £185,000 on 6 Nov 2020. 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 |
|---|---|
| £185,000 | 6 Nov 2020 |
| £120,000 | 26 Feb 2020 |
| Semi-Detached |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 November 2020 the House Price Index for TYNE AND WEAR was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £185,000 results in an estimated price of approximately £214,480.
| 6 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £185,000 | £29,480 | £214,480 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -1.010 % | £-1,869 | £183,130 |
| 3 Month Average | -1.933 % | £-3,576 | £181,423 |
| 6 Month Average | 1.403 % | £2,596 | £187,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £182,705 | £180,000 | 49 DOWNEND ROAD |
| 25 Aug 2023 | £142,244 | £141,000 | 33 NAWORTH DRIVE |
| 20 Jul 2022 | £95,256 | £95,000 | 36 NAWORTH DRIVE |
| 6 Jul 2022 | £235,634 | £235,000 | 55 BRENDALE AVENUE |
| 1 Mar 2022 | £196,890 | £190,000 | 20 BRENDALE AVENUE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 10 Sep 2019. Using an estimated price of £214,480 means this house is valued at £3,762 per sq meter (£349 per sq foot).
There is one other house on the street which we know the size of, this is 8 TRAFFORD WALK it is 57.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Downend Road | |
| Jan 2024 | Anti-social behaviour | On or near Downend Road | |
| Jan 2024 | Anti-social behaviour | On or near Downend Road | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Downend Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Kendale Walk |