£185,736
This estimated value is based upon the latest sale price for the house of £119,950 on 9 Jun 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £119,950 | 9 Jun 2014 |
| £32,950 | 7 Jun 1999 |
| Terraced |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 June 2014 the House Price Index for TYNE AND WEAR was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £119,950 results in an estimated price of approximately £185,736.
| 9 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £119,950 | £65,786 | £185,736 |
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 | 30.570 % | £36,668 | £156,618 |
| 3 Month Average | 48.128 % | £57,729 | £177,679 |
| 6 Month Average | 41.902 % | £50,261 | £170,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £108,329 | £105,000 | 8 GARRICK CLOSE |
| 27 Nov 2023 | £66,693 | £65,000 | 22 MOOR PARK ROAD |
| 12 Apr 2023 | £93,754 | £92,000 | 5 MOOR PARK HOUSE DARRAS DRIVE |
| 8 Feb 2023 | £138,928 | £138,000 | 2 HEXHAM CLOSE |
| 13 May 2022 | £189,949 | £185,000 | 17 MOOR PARK ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 26 Mar 2014. Using an estimated price of £185,737 means this house is valued at £2,814 per sq meter (£261 per sq foot).
The average size of a house on ALSTON CLOSE is 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Alston Close | |
| Jul 2024 | Anti-social behaviour | On or near Alston Close | |
| Jul 2024 | Anti-social behaviour | On or near Alston Close | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Moor Park Road |