£785,268
This estimated value is based upon the latest sale price for the house of £150,000 on 24 Mar 1997. 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 |
|---|---|
| £150,000 | 24 Mar 1997 |
| 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 March 1997 the House Price Index for TYNE AND WEAR was 28.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 423.513%.Applying this 423.513% change to the original purchase price of £150,000 results in an estimated price of approximately £785,268.
| 24 Mar 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 148.6 | 423.513 % | £150,000 | £635,268 | £785,268 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | 150.078 % | £225,117 | £375,117 |
| 3 Month Average | 214.276 % | £321,414 | £471,414 |
| 6 Month Average | 239.026 % | £358,539 | £508,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £253,757 | £250,000 | 8 CHEVIOT VIEW |
| 5 Jul 2023 | £471,344 | £465,000 | 2 EASTFIELD ROAD |
| 13 Mar 2023 | £540,088 | £535,000 | 1 THE TERRACE |
| 16 Sep 2022 | £344,220 | £347,000 | 42 EASTFIELD ROAD |
| 30 Jun 2022 | £233,297 | £230,000 | 47 EASTFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Southfield Road |
| Mar 2024 | Drugs | Under investigation | On or near Manorfields |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gleneagles Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Whitfield Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Whitfield Drive |