£288,720
This estimated value is based upon the latest sale price for the house of £286,000 on 24 Mar 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£286,000 | 24 Mar 2023 |
£259,999 | 7 Oct 2005 |
£91,500 | 25 Jan 1995 |
Detached |
Freehold |
Floor Area: 174 sq meters or 1,872 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 March 2023 the House Price Index for TYNE AND WEAR was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £286,000 results in an estimated price of approximately £288,720.
24 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 148.6 | 0.951 % | £286,000 | £2,720 | £288,720 |
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 | -44.846 % | £-128,260 | £157,739 |
3 Month Average | -22.776 % | £-65,140 | £220,859 |
6 Month Average | -3.600 % | £-10,295 | £275,704 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £168,495 | £166,000 | 6 ASHGILL MEWS |
26 Jun 2023 | £99,202 | £98,000 | 23 HAGGERSTON CRESCENT |
24 Mar 2023 | £288,720 | £286,000 | 20 STONEFOLD CLOSE |
25 Mar 2022 | £213,470 | £206,000 | 28 LAZONBY WAY |
28 Feb 2022 | £106,128 | £101,200 | 10 LAMPETER CLOSE |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 22 May 2018. Using an estimated price of £288,720 means this house is valued at £1,659 per sq meter (£154 per sq foot).
The average size of a house on STONEFOLD CLOSE is 102 sq meters (1,108 sq feet).
This house is the largest in the street with a floor area of 174 sq meters (1,872 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashgill Mews |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Ashgill Mews |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Ashgill Mews |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Ashgill Mews |
Feb 2024 | Other crime | Under investigation | On or near Berrington Drive |