£294,489
This estimated value is based upon the latest sale price for the house of £175,000 on 29 Aug 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £175,000 | 29 Aug 2008 |
| £136,000 | 24 Oct 2003 |
| Semi-Detached |
| Leasehold |
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 2008 the House Price Index for TYNE AND WEAR was 88.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.280%.Applying this 68.280% change to the original purchase price of £175,000 results in an estimated price of approximately £294,489.
| 29 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 148.6 | 68.280 % | £175,000 | £119,489 | £294,489 |
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 | 0.028 % | £48 | £175,048 |
| 3 Month Average | 7.272 % | £12,726 | £187,726 |
| 6 Month Average | 17.873 % | £31,277 | £206,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2023 | £196,855 | £195,000 | 17 GREYSTEAD CLOSE |
| 12 Jan 2023 | £353,336 | £355,000 | 50 HARTBURN DRIVE |
| 3 Aug 2022 | £189,490 | £190,000 | 9 HARTBURN DRIVE |
| 24 Jun 2022 | £385,447 | £380,000 | 57 HARTBURN DRIVE |
| 27 May 2022 | £234,417 | £230,000 | 3 HARTBURN DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greystead Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gracefield Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Gracefield Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goodwood Close |