£282,704
This estimated value is based upon the latest sale price for the house of £149,950 on 4 Feb 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £149,950 | 4 Feb 2005 |
| £56,000 | 19 Dec 2000 |
| £43,250 | 3 Sep 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 98 sq meters or 1,054 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 February 2005 the House Price Index for TYNE AND WEAR was 79.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 88.533%.Applying this 88.533% change to the original purchase price of £149,950 results in an estimated price of approximately £282,704.
| 4 Feb 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 149.7 | 88.533 % | £149,950 | £132,754 | £282,704 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 93.722 % | £140,535 | £290,485 |
| 3 Month Average | 64.403 % | £96,572 | £246,522 |
| 6 Month Average | 45.109 % | £67,640 | £217,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £91,354 | £89,950 | 28 TIBERIUS CLOSE |
| 19 Dec 2023 | £93,885 | £91,000 | 32 TIBERIUS CLOSE |
| 15 Sep 2023 | £86,916 | £85,000 | 28 PRAETORIAN DRIVE |
| 20 Jan 2023 | £142,380 | £142,000 | 59 PRAETORIAN DRIVE |
| 31 Aug 2022 | £73,845 | £73,500 | 11 PRAETORIAN DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 14 Sep 2015. Using an estimated price of £282,705 means this house is valued at £2,884 per sq meter (£268 per sq foot).
The average size of a house on TIBERIUS CLOSE is 62 sq meters (669 sq feet).
This house is the largest in the street with a floor area of 98 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Tiberius Close |
| May 2024 | Drugs | Awaiting court outcome | On or near Praetorian Drive |
| May 2024 | Possession of weapons | Awaiting court outcome | On or near Praetorian Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Crawley Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crawley Road |