£276,356
This estimated value is based upon the latest sale price for the house of £80,000 on 12 Mar 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 |
|---|---|
| £80,000 | 12 Mar 2001 |
| Detached |
| Leasehold |
| Floor Area: 111 sq meters or 1,194 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 March 2001 the House Price Index for TYNE AND WEAR was 42.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 245.446%.Applying this 245.446% change to the original purchase price of £80,000 results in an estimated price of approximately £276,356.
| 12 Mar 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 146.7 | 245.446 % | £80,000 | £196,356 | £276,356 |
The Postcode Pricing Model uses changes in average sales price within the NE10 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 | 183.540 % | £146,831 | £226,831 |
| 3 Month Average | 179.288 % | £143,430 | £223,430 |
| 6 Month Average | 177.442 % | £141,953 | £221,953 |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 3 Apr 2014.
The average size of a house on RIDGEWAY is 83 sq meters (901 sq feet).
This house is the largest in the street with a floor area of 111 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Alderwyk | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Alderwyk |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Alderwyk |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alderwyk |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Alderwyk |