£285,003
This estimated value is based upon the latest sale price for the house of £169,950 on 10 Nov 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£169,950 | 10 Nov 2006 |
£120,000 | 28 Mar 2003 |
£75,000 | 30 Jun 2000 |
Detached |
Freehold |
Floor Area: 76 sq meters or 818 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 November 2006 the House Price Index for TYNE AND WEAR was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £169,950 results in an estimated price of approximately £285,003.
10 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 148.6 | 67.698 % | £169,950 | £115,053 | £285,003 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 5.170 % | £8,786 | £178,736 |
3 Month Average | 33.094 % | £56,242 | £226,192 |
6 Month Average | 24.514 % | £41,662 | £211,612 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £76,336 | £75,000 | 22 LINGCREST |
7 Aug 2023 | £327,868 | £325,000 | 68 BLUEBELL CLOSE |
20 Oct 2022 | £76,180 | £77,000 | 15 LINGCREST |
29 Oct 2021 | £60,856 | £55,000 | 26 LINGCREST |
24 Jun 2021 | £236,043 | £220,000 | 39 BLUEBELL CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 5 Oct 2013. Using an estimated price of £285,003 means this house is valued at £3,750 per sq meter (£348 per sq foot).
The average size of a house on BLUEBELL CLOSE is 98 sq meters (1,059 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bluebell Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Cranesville |
Mar 2024 | Public order | Under investigation | On or near Cranesville |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Cranesville |
Feb 2024 | Other theft | Under investigation | On or near Cranesville |