£172,242
This estimated value is based upon the latest sale price for the house of £99,950 on 12 Nov 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 |
|---|---|
| £99,950 | 12 Nov 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 846 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 2009 the House Price Index for TYNE AND WEAR was 85.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 72.329%.Applying this 72.329% change to the original purchase price of £99,950 results in an estimated price of approximately £172,242.
| 12 Nov 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 146.7 | 72.329 % | £99,950 | £72,292 | £172,242 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | 48.265 % | £48,241 | £148,191 |
| 3 Month Average | 28.307 % | £28,292 | £128,242 |
| 6 Month Average | 16.882 % | £16,873 | £116,823 |
This house has a floor area of 78 sq meters or 846 sq feet when measured on 6 Jan 2009.
The average size of a house on DERWENT VIEW is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Derwent View |
| Mar 2024 | Burglary | Under investigation | On or near Gibside View |
| Mar 2024 | Vehicle crime | Under investigation | On or near Gibside View |
| Mar 2024 | Vehicle crime | Under investigation | On or near Gibside View |
| Mar 2024 | Public order | Under investigation | On or near Gibside View |