£317,931
This estimated value is based upon the latest sale price for the house of £209,950 on 1 Aug 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£209,950 | 1 Aug 2014 |
£190,000 | 1 Dec 2008 |
£176,000 | 21 Nov 2005 |
£57,000 | 26 Feb 1999 |
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 August 2014 the House Price Index for TYNE AND WEAR was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £209,950 results in an estimated price of approximately £317,931.
1 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £209,950 | £107,981 | £317,931 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -14.532 % | £-30,509 | £179,440 |
3 Month Average | 1.279 % | £2,685 | £212,635 |
6 Month Average | 13.065 % | £27,429 | £237,379 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £259,847 | £256,000 | 21 DRYDEN ROAD |
24 Apr 2023 | £214,307 | £212,000 | 3 JOICEY ROAD |
17 Feb 2023 | £217,354 | £217,500 | 51 DRYDEN ROAD |
12 Aug 2022 | £204,450 | £205,000 | 67 DRYDEN ROAD |
27 Jul 2022 | £260,702 | £260,000 | 91 DRYDEN ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Joicey Road |
Feb 2024 | Drugs | Awaiting court outcome | On or near Joicey Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Musgrave Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Musgrave Road |