£171,120
This estimated value is based upon the latest sale price for the house of £138,500 on 12 Nov 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Mowbray Road
More crime details
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| Price Paid | Date |
|---|---|
| £138,500 | 12 Nov 2019 |
| Flats/Maisonettes |
| 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 November 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £138,500 results in an estimated price of approximately £171,120.
| 12 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £138,500 | £32,620 | £171,120 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -57.169 % | £-79,179 | £59,320 |
| 3 Month Average | -4.763 % | £-6,596 | £131,903 |
| 6 Month Average | -6.502 % | £-9,005 | £129,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £121,872 | £120,000 | 6 LANGHAM GATE |
| 26 Oct 2023 | £138,137 | £135,000 | 2 LANGHAM GATE |
| 20 Oct 2023 | £399,064 | £390,000 | 3 CARLTON TERRACE MOWBRAY ROAD |
| 9 Aug 2023 | £397,163 | £390,000 | 5 CARLTON TERRACE MOWBRAY ROAD |
| 23 Feb 2023 | £256,715 | £255,000 | 3 ST BEDES TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Awaiting court outcome | On or near Mowbray Road |
| Jul 2024 | Other theft | Awaiting court outcome | On or near Mowbray Road |
| Jun 2024 | Drugs | Offender given a caution | On or near Mowbray Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Mowbray Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mowbray Road |