£1,149,460
This estimated value is based upon the latest sale price for the house of £249,990 on 29 Dec 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £249,990 | 29 Dec 1998 |
| Flats/Maisonettes |
| 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 December 1998 the House Price Index for TYNE AND WEAR was 32.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 359.802%.Applying this 359.802% change to the original purchase price of £249,990 results in an estimated price of approximately £1,149,460.
| 29 Dec 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 148.6 | 359.802 % | £249,990 | £899,470 | £1,149,460 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | 129.470 % | £323,662 | £573,652 |
| 3 Month Average | 238.778 % | £596,921 | £846,911 |
| 6 Month Average | 280.071 % | £700,149 | £950,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £283,626 | £280,000 | 428 DENTON ROAD |
| 12 Sep 2023 | £506,476 | £500,000 | UNIT 6 FACTORY SHOP CENTRE TUNDRY WAY |
| 7 Jul 2023 | £2,128,649 | £2,100,000 | LOOKERS HYUNDAI SCOTSWOOD ROAD |
| 23 Jun 2023 | £70,858 | £70,000 | CAFE, UNIT 1 FACTORY SHOP CENTRE TUNDRY WAY |
| 15 Mar 2023 | £116,094 | £115,000 | 40 PARMONTLEY STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Heighley Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Heighley Street |