£60,026
This estimated value is based upon the latest sale price for the house of £35,000 on 9 Feb 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £35,000 | 9 Feb 2012 |
| 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 February 2012 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £35,000 results in an estimated price of approximately £60,026.
| 9 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £35,000 | £25,026 | £60,026 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -17.109 % | £-5,987 | £29,012 |
| 3 Month Average | -11.762 % | £-4,116 | £30,883 |
| 6 Month Average | -5.318 % | £-1,861 | £33,138 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £63,816 | £63,000 | 24 CLAYPATH ROAD |
| 4 Jul 2023 | £182,405 | £179,950 | 22 MOORHOUSE GARDENS |
| 5 Jun 2023 | £164,493 | £162,500 | 55 BAILEY WAY |
| 8 Feb 2023 | £144,902 | £145,000 | 11 MOORHOUSE GARDENS |
| 31 Oct 2022 | £138,509 | £140,000 | 1 HETTON MOOR TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Four Lane Ends | |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Lilywhite Terrace |
| Jan 2024 | Robbery | Awaiting court outcome | On or near Lilywhite Terrace |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Lilywhite Terrace |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Lilywhite Terrace |