£93,884
This estimated value is based upon the latest sale price for the house of £91,000 on 19 Dec 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 |
|---|---|
| £91,000 | 19 Dec 2023 |
| £106,000 | 28 Jun 2007 |
| £90,000 | 9 Sep 2005 |
| £67,000 | 30 Apr 2003 |
| £43,000 | 6 Apr 2001 |
| £34,500 | 28 Nov 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 648 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 December 2023 the House Price Index for TYNE AND WEAR was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £91,000 results in an estimated price of approximately £93,884.
| 19 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £91,000 | £2,884 | £93,884 |
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 | 79.413 % | £72,265 | £163,265 |
| 3 Month Average | 10.843 % | £9,867 | £100,867 |
| 6 Month Average | -4.783 % | £-4,352 | £86,647 |
| 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 60 sq meters or 648 sq feet when measured on 29 May 2010. Using an estimated price of £93,885 means this house is valued at £1,558 per sq meter (£144 per sq foot).
The average size of a house on TIBERIUS CLOSE is 62 sq meters (669 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 |