£109,324
This estimated value is based upon the latest sale price for the house of £108,000 on 9 Jun 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been three burglaries within the last year on or near Snowdrop Close
More crime details
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| Price Paid | Date |
|---|---|
| £108,000 | 9 Jun 2023 |
| £90,000 | 10 Apr 2018 |
| £92,000 | 27 Mar 2009 |
| Semi-Detached |
| Freehold |
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 2023 the House Price Index for TYNE AND WEAR was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £108,000 results in an estimated price of approximately £109,324.
| 9 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £108,000 | £1,324 | £109,324 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -45.933 % | £-49,607 | £58,392 |
| 3 Month Average | -1.092 % | £-1,179 | £106,820 |
| 6 Month Average | 10.841 % | £11,708 | £119,708 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £75,000 | £75,000 | 9 FRANCES STREET |
| 25 Sep 2023 | £81,796 | £80,750 | 25 HELEN STREET |
| 21 Jun 2023 | £78,956 | £78,000 | 24 SNOWDROP CLOSE |
| 9 Jun 2023 | £109,324 | £108,000 | 28 SNOWDROP CLOSE |
| 28 Apr 2023 | £80,871 | £80,000 | 3 HELEN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Snowdrop Close |
| Mar 2024 | Burglary | Under investigation | On or near Snowdrop Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Snowdrop Close |
| Feb 2024 | Burglary | Under investigation | On or near Snowdrop Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Snowdrop Close |