£124,915
This estimated value is based upon the latest sale price for the house of £124,999 on 8 Sep 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £124,999 | 8 Sep 2022 |
| 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 September 2022 the House Price Index for TYNE AND WEAR was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £124,999 results in an estimated price of approximately £124,915.
| 8 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £124,999 | £-83 | £124,915 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -51.149 % | £-63,936 | £61,062 |
| 3 Month Average | -30.750 % | £-38,437 | £86,561 |
| 6 Month Average | -22.918 % | £-28,646 | £96,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £155,532 | £152,000 | 43 SHAFTSBURY PARK |
| 8 Feb 2023 | £145,975 | £145,000 | 11 MOORHOUSE GARDENS |
| 8 Sep 2022 | £124,916 | £124,999 | UNIT 19 COLLIERY LANE |
| 5 Aug 2022 | £200,437 | £199,500 | 47 SHAFTSBURY PARK |
| 6 Jun 2022 | £51,092 | £50,000 | UNIT 21B FORMER PEARSONS YARD COLLIERY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Under investigation | On or near Bus/Coach Station |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Shaftsbury Park |
| May 2024 | Violence and sexual offences | Under investigation | On or near Claude Street |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Claude Street |
| Jul 2024 | Other theft | Under investigation | On or near Four Lane Ends |