£346,367
This estimated value is based upon the latest sale price for the house of £205,000 on 20 Dec 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £205,000 | 20 Dec 2010 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,427 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 December 2010 the House Price Index for TYNE AND WEAR was 86.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £205,000 results in an estimated price of approximately £346,367.
| 20 Dec 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 146.7 | 68.960 % | £205,000 | £141,367 | £346,367 |
The Postcode Pricing Model uses changes in average sales price within the NE35 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 | -15.095 % | £-30,945 | £174,054 |
| 3 Month Average | 19.003 % | £38,955 | £243,955 |
| 6 Month Average | 60.113 % | £123,232 | £328,232 |
This house has a floor area of 132 sq meters or 1,427 sq feet when measured on 10 Feb 2010.
The average size of a house on NEW ROAD is 111 sq meters (1,195 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Woodside Drive |
| Jan 2024 | Anti-social behaviour | On or near Donside Close | |
| Jan 2024 | Anti-social behaviour | On or near Donside Close | |
| Jan 2024 | Anti-social behaviour | On or near Donside Close | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burnside Close |