£203,829
This estimated value is based upon the latest sale price for the house of £55,500 on 8 Sep 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £55,500 | 8 Sep 2000 |
| Semi-Detached |
| 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 September 2000 the House Price Index for TYNE AND WEAR was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £55,500 results in an estimated price of approximately £203,829.
| 8 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £55,500 | £148,329 | £203,829 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | 39.802 % | £22,090 | £77,590 |
| 3 Month Average | 163.808 % | £90,913 | £146,413 |
| 6 Month Average | 169.743 % | £94,207 | £149,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £277,993 | £275,000 | 147 NEWCASTLE ROAD |
| 11 Apr 2023 | £227,449 | £225,000 | 106 NEWCASTLE ROAD |
| 25 Oct 2022 | £178,083 | £180,000 | 15 NETTLEHAM ROAD |
| 23 Sep 2022 | £121,023 | £122,000 | 138 NEWCASTLE ROAD |
| 1 Jul 2022 | £224,103 | £223,500 | 165 NEWCASTLE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
| Feb 2024 | Other crime | Under investigation | On or near Northwood Court |
| Feb 2024 | Anti-social behaviour | On or near Joannah Street | |
| Feb 2024 | Anti-social behaviour | On or near Joannah Street |