£1,695,421
This estimated value is based upon the latest sale price for the house of £1,400,000 on 16 Jun 2020. 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 |
|---|---|
| £1,400,000 | 16 Jun 2020 |
| £550,000 | 16 Dec 2016 |
| Leasehold |
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 June 2020 the House Price Index for TYNE AND WEAR was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £1,400,000 results in an estimated price of approximately £1,695,421.
| 16 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £1,400,000 | £295,421 | £1,695,421 |
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 | 44.355 % | £620,964 | £2,020,964 |
| 3 Month Average | 20.414 % | £285,794 | £1,685,794 |
| 6 Month Average | 7.456 % | £104,377 | £1,504,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £155,299 | £153,000 | 23 FLEXBURY GARDENS |
| 31 Jul 2023 | £111,501 | £110,000 | 2 BREARLEY WAY |
| 17 Apr 2023 | £76,827 | £76,000 | 40 FRIARY GARDENS |
| 22 Feb 2023 | £159,892 | £160,000 | 22 FLEXBURY GARDENS |
| 10 Feb 2023 | £165,888 | £166,000 | 6 FLEXBURY GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Fox Street | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fox Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Fox Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fox Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Fox Street |