£187,725
This estimated value is based upon the latest sale price for the house of £110,000 on 2 Jul 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £110,000 | 2 Jul 2010 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 956 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 2010 the House Price Index for TYNE AND WEAR was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £110,000 results in an estimated price of approximately £187,725.
| 2 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.659 % | £110,000 | £77,725 | £187,725 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -7.308 % | £-8,039 | £101,960 |
| 3 Month Average | 19.206 % | £21,126 | £131,126 |
| 6 Month Average | 33.481 % | £36,828 | £146,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £146,502 | £142,000 | 31 WOOLSINGTON ROAD |
| 30 Jun 2023 | £168,374 | £165,000 | 24 CALLERTON AVENUE |
| 27 Jun 2023 | £147,965 | £145,000 | 52 NORHAM ROAD NORTH |
| 12 Apr 2023 | £93,754 | £92,000 | 5 MOOR PARK HOUSE DARRAS DRIVE |
| 31 Mar 2023 | £127,123 | £125,000 | 25 CHIRTON HILL DRIVE |
This house has a floor area of 88 sq meters or 956 sq feet when measured on 16 Apr 2010. Using an estimated price of £187,725 means this house is valued at £2,112 per sq meter (£196 per sq foot).
The average size of a house on PONTELAND CLOSE is 122 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Woolsington Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ponteland Close |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Ponteland Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ponteland Close |
| Jul 2024 | Public order | Under investigation | On or near Darras Drive |