£107,654
This estimated value is based upon the latest sale price for the house of £107,000 on 29 Aug 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £107,000 | 29 Aug 2023 |
| 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 2023 the House Price Index for TYNE AND WEAR was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £107,000 results in an estimated price of approximately £107,654.
| 29 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.1 | 148.0 | 0.612 % | £107,000 | £654 | £107,654 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 6.608 % | £7,070 | £114,070 |
| 3 Month Average | -8.074 % | £-8,638 | £98,361 |
| 6 Month Average | -4.454 % | £-4,765 | £102,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £107,655 | £107,000 | 7 FINCHLEY COURT |
| 17 Mar 2023 | £163,383 | £162,500 | 23 WYEDALE WAY |
| 29 Apr 2022 | £166,154 | £162,000 | 16 ROTHERDALE COURT |
| 15 Dec 2021 | £110,440 | £103,500 | 86 STOTTS ROAD |
| 29 Sep 2021 | £64,394 | £60,000 | 3A EASTFIELD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stotts Road |
| Jan 2024 | Public order | Under investigation | On or near Stotts Road |
| Apr 2024 | Other theft | Under investigation | On or near Finchley Crescent |
| Apr 2024 | Other crime | Under investigation | On or near Finchley Crescent |
| Apr 2024 | Other theft | Under investigation | On or near Finchley Crescent |