£397,030
This estimated value is based upon the latest sale price for the house of £220,000 on 24 Aug 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £220,000 | 24 Aug 2009 |
| 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 August 2009 the House Price Index for TYNE AND WEAR was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £220,000 results in an estimated price of approximately £397,030.
| 24 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 148.6 | 80.468 % | £220,000 | £177,030 | £397,030 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 21.423 % | £47,129 | £267,129 |
| 3 Month Average | 6.809 % | £14,979 | £234,979 |
| 6 Month Average | 41.181 % | £90,599 | £310,599 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £284,208 | £280,000 | 9 MANOR PLACE |
| 29 Sep 2023 | £167,137 | £165,000 | 186 FAIRWAYS AVENUE |
| 11 Aug 2023 | £407,061 | £403,500 | 16 MANOR GROVE |
| 28 Jul 2023 | £233,138 | £230,000 | 12 MANOR GARDENS |
| 14 Jul 2023 | £282,806 | £279,000 | 10 MANOR GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Portrush Way | |
| Jan 2024 | Anti-social behaviour | On or near Portrush Way | |
| Jan 2024 | Anti-social behaviour | On or near Portrush Way | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Manor Place |
| Mar 2024 | Public order | Under investigation | On or near Hoylake Avenue |