£272,155
This estimated value is based upon the latest sale price for the house of £232,000 on 19 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £232,000 | 19 Oct 2020 |
| £225,000 | 3 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £232,000 results in an estimated price of approximately £272,155.
| 19 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £232,000 | £40,155 | £272,155 |
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 | -11.310 % | £-26,239 | £205,760 |
| 3 Month Average | -1.988 % | £-4,611 | £227,388 |
| 6 Month Average | 5.149 % | £11,945 | £243,945 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £98,865 | £98,000 | 9 BLACKLOCK CLOSE |
| 10 Jul 2023 | £152,046 | £150,000 | 6 CONISTON GARDENS |
| 27 Feb 2023 | £133,920 | £134,010 | 4 BEACON RISE |
| 20 Feb 2023 | £169,886 | £170,000 | 32 CONISTON GARDENS |
| 15 Feb 2023 | £82,944 | £83,000 | 19 BLACKLOCK CLOSE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 11 May 2018. Using an estimated price of £272,155 means this house is valued at £2,249 per sq meter (£208 per sq foot).
The average size of a house on CONISTON GARDENS is 83 sq meters (900 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,302 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near B1296 |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B1296 |
| Mar 2024 | Anti-social behaviour | On or near Blacklock Court | |
| Feb 2024 | Anti-social behaviour | On or near Blacklock Court | |
| Feb 2024 | Anti-social behaviour | On or near Blacklock Court |