£145,756
This estimated value is based upon the latest sale price for the house of £85,000 on 12 Jul 2012. 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 |
|---|---|
| £85,000 | 12 Jul 2012 |
| £93,500 | 15 Feb 2008 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 641 sq feet |
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 July 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £85,000 results in an estimated price of approximately £145,756.
| 12 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £85,000 | £60,756 | £145,756 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 71.838 % | £61,062 | £146,062 |
| 3 Month Average | 36.389 % | £30,930 | £115,930 |
| 6 Month Average | 24.887 % | £21,153 | £106,153 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £84,000 | £84,000 | 27 DOVECREST COURT |
| 17 Nov 2023 | £127,999 | £124,750 | 96 SAVORY ROAD |
| 6 Oct 2023 | £158,653 | £155,050 | 94 EDWARD ROAD |
| 4 Aug 2023 | £112,020 | £110,000 | 5 OCTAVIA COURT |
| 31 Mar 2023 | £66,104 | £65,000 | 5 STANWIX ENGINE INN ROAD |
This house has a floor area of 59 sq meters or 641 sq feet when measured on 2 Sep 2011. Using an estimated price of £145,756 means this house is valued at £2,445 per sq meter (£227 per sq foot).
The average size of a house on OCTAVIA COURT is 67 sq meters (723 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Dovecrest Court |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Dovecrest Court |
| May 2024 | Violence and sexual offences | Offender given a caution | On or near Dovecrest Court |
| May 2024 | Violence and sexual offences | Under investigation | On or near Dovecrest Court |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Dovecrest Court |