£612,732
This estimated value is based upon the latest sale price for the house of £177,000 on 6 Apr 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £177,000 | 6 Apr 2001 |
| £125,000 | 14 Feb 1997 |
| 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 April 2001 the House Price Index for TYNE AND WEAR was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £177,000 results in an estimated price of approximately £612,732.
| 6 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 148.6 | 246.176 % | £177,000 | £435,732 | £612,732 |
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 | 120.049 % | £212,486 | £389,486 |
| 3 Month Average | 142.512 % | £252,246 | £429,246 |
| 6 Month Average | 176.030 % | £311,573 | £488,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £438,999 | £432,500 | 1 LYNDHURST CRESCENT |
| 10 Nov 2023 | £213,156 | £210,000 | 5 CEDARS GREEN |
| 22 Sep 2023 | £217,785 | £215,000 | 52 CEDARS GREEN |
| 9 Mar 2023 | £484,565 | £480,000 | 760 DURHAM ROAD |
| 28 Jan 2022 | £215,744 | £205,000 | 51 CEDARS GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Appledore Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Ivy Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cedars Green |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sidmouth Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lyndhurst Green |