£349,627
This estimated value is based upon the latest sale price for the house of £285,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £285,000 | 13 Dec 2019 |
| £320,000 | 30 Jun 2006 |
| 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 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £285,000 results in an estimated price of approximately £349,627.
| 13 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £285,000 | £64,627 | £349,627 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | -6.810 % | £-19,407 | £265,592 |
| 3 Month Average | 26.254 % | £74,824 | £359,824 |
| 6 Month Average | 15.261 % | £43,495 | £328,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £98,932 | £98,000 | 70 WINDMILL WAY |
| 21 Nov 2022 | £192,666 | £195,000 | 38 BRIDGES VIEW |
| 31 May 2022 | £45,864 | £45,000 | 20 MARIAN COURT |
| 8 Apr 2022 | £46,341 | £45,000 | 9 MARIAN COURT |
| 14 Jan 2022 | £212,586 | £202,000 | 20 BRIDGES VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Cuthbert Street | |
| Mar 2024 | Shoplifting | Under investigation | On or near Cuthbert Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Cuthbert Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cuthbert Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Cuthbert Street |