£153,241
This estimated value is based upon the latest sale price for the house of £123,000 on 13 Oct 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £123,000 | 13 Oct 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 October 2017 the House Price Index for TYNE AND WEAR was 117.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.586%.Applying this 24.586% change to the original purchase price of £123,000 results in an estimated price of approximately £153,241.
| 13 Oct 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 146.7 | 24.586 % | £123,000 | £30,241 | £153,241 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | -3.481 % | £-4,281 | £118,718 |
| 3 Month Average | -8.375 % | £-10,301 | £112,698 |
| 6 Month Average | 15.998 % | £19,678 | £142,678 |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 24 Jul 2012.
The average size of a house on GUELDER ROAD is 70 sq meters (761 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Birchwood Avenue |
| Jan 2024 | Public order | Under investigation | On or near Wych Elm Crescent |
| Feb 2024 | Vehicle crime | Under investigation | On or near Benton Road |
| Jan 2024 | Public order | Under investigation | On or near Manor Park |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Teviotdale Gardens |