£144,057
This estimated value is based upon the latest sale price for the house of £114,150 on 12 Oct 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been three burglaries within the last year on or near Industry Road
More crime details
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| Price Paid | Date |
|---|---|
| £114,150 | 12 Oct 2017 |
| 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 October 2017 the House Price Index for TYNE AND WEAR was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £114,150 results in an estimated price of approximately £144,057.
| 12 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £114,150 | £29,907 | £144,057 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 79.850 % | £91,148 | £205,298 |
| 3 Month Average | 13.602 % | £15,527 | £129,677 |
| 6 Month Average | 16.266 % | £18,567 | £132,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £112,008 | £110,500 | 47 BENFIELD ROAD |
| 18 Jan 2023 | £126,405 | £127,000 | 5 BENFIELD ROAD |
| 22 Apr 2022 | £262,599 | £255,000 | 5 TUDOR WYND |
| 12 Mar 2021 | £123,555 | £111,000 | 175 BOSWORTH GARDENS |
| 17 Dec 2020 | £131,987 | £115,000 | 7 BENFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Awaiting court outcome | On or near Industry Road |
| Apr 2024 | Burglary | Under investigation | On or near Industry Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Industry Road |
| Mar 2024 | Burglary | Under investigation | On or near Industry Road |
| Mar 2024 | Burglary | Under investigation | On or near Industry Road |