£198,442
This estimated value is based upon the latest sale price for the house of £117,000 on 29 Jun 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £117,000 | 29 Jun 2012 |
| £115,000 | 11 May 2007 |
| £71,000 | 10 Jan 2003 |
| £43,000 | 23 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,204 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 2012 the House Price Index for TYNE AND WEAR was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £117,000 results in an estimated price of approximately £198,442.
| 29 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £117,000 | £81,442 | £198,442 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -29.530 % | £-34,550 | £82,449 |
| 3 Month Average | 4.992 % | £5,841 | £122,841 |
| 6 Month Average | 36.417 % | £42,608 | £159,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2022 | £99,891 | £97,000 | 28 HAGGERSTON COURT |
| 1 Apr 2022 | £87,533 | £85,000 | 18 HAGGERSTON COURT |
| 28 Feb 2022 | £106,128 | £101,200 | 10 LAMPETER CLOSE |
| 25 Feb 2022 | £188,765 | £180,000 | 3 REEDHAM COURT |
| 31 Jan 2022 | £142,075 | £135,000 | 1 RHUDDLAN COURT |
This house has a floor area of 111 sq meters or 1,204 sq feet when measured on 21 Jan 2011. Using an estimated price of £198,443 means this house is valued at £1,773 per sq meter (£164 per sq foot).
The average size of a house on BRECON CLOSE is 95 sq meters (1,030 sq feet).
This house is the largest in the street with a floor area of 111 sq meters (1,204 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Caernarvon Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Caernarvon Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Felthorpe Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tredegar Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Shearwater Close |