£136,024
This estimated value is based upon the latest sale price for the house of £109,950 on 19 Mar 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £109,950 | 19 Mar 2018 |
| £93,000 | 27 Apr 2012 |
| £81,100 | 19 Mar 2004 |
| £43,000 | 23 Aug 2002 |
| £32,500 | 11 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 545 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 March 2018 the House Price Index for TYNE AND WEAR was 118.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.715%.Applying this 23.715% change to the original purchase price of £109,950 results in an estimated price of approximately £136,024.
| 19 Mar 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 146.7 | 23.715 % | £109,950 | £26,074 | £136,024 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | -17.146 % | £-18,852 | £91,097 |
| 3 Month Average | 60.677 % | £66,713 | £176,663 |
| 6 Month Average | 35.269 % | £38,778 | £148,728 |
This house has a floor area of 50 sq meters or 545 sq feet when measured on 17 Nov 2008.
The average size of a house on FERN DENE ROAD is 79 sq meters (860 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (545 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Fern Dene Road |
| Mar 2024 | Anti-social behaviour | On or near Fern Dene Road | |
| Mar 2024 | Drugs | Under investigation | On or near Fern Dene Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fern Dene Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fern Dene Road |