£184,766
This estimated value is based upon the latest sale price for the house of £59,999 on 26 Feb 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £59,999 | 26 Feb 2002 |
| £53,500 | 29 Sep 2000 |
| Semi-Detached |
| Leasehold |
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 February 2002 the House Price Index for TYNE AND WEAR was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £59,999 results in an estimated price of approximately £184,766.
| 26 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 148.6 | 207.949 % | £59,999 | £124,767 | £184,766 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 171.469 % | £102,879 | £162,878 |
| 3 Month Average | 162.656 % | £97,592 | £157,591 |
| 6 Month Average | 182.973 % | £109,782 | £169,781 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £111,959 | £110,000 | 1 SHIRLAW CLOSE |
| 7 Nov 2023 | £116,728 | £115,000 | 46 WHITTINGHAM ROAD |
| 21 Jul 2023 | £121,637 | £120,000 | 64 TREVELYAN DRIVE |
| 28 Oct 2022 | £158,296 | £160,000 | 25 SHIRLAW CLOSE |
| 28 Sep 2022 | £106,143 | £107,000 | 59 SHIRLAW CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Shirlaw Close | |
| Feb 2024 | Anti-social behaviour | On or near Shirlaw Close | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shirlaw Close |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Trevelyan Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Trevelyan Drive |