£113,984
This estimated value is based upon the latest sale price for the house of £105,000 on 6 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Moorsfield
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| Price Paid | Date |
|---|---|
| £105,000 | 6 Sep 2021 |
| £92,500 | 10 Dec 2013 |
| £100,500 | 5 May 2006 |
| £118,000 | 21 Dec 2005 |
| £56,950 | 31 May 2002 |
| £45,950 | 26 Mar 1999 |
| £38,000 | 31 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £105,000 results in an estimated price of approximately £113,984.
| 6 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £105,000 | £8,984 | £113,984 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -37.065 % | £-38,918 | £66,081 |
| 3 Month Average | -9.451 % | £-9,923 | £95,076 |
| 6 Month Average | -10.813 % | £-11,353 | £93,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £116,582 | £113,000 | 60 MOORSFIELD |
| 6 Dec 2023 | £42,300 | £41,000 | 34 SOUTH VIEW TERRACE |
| 23 Jun 2023 | £66,329 | £65,000 | 38 SOUTH VIEW TERRACE |
| 24 Feb 2023 | £115,773 | £115,000 | 115 MOORSFIELD |
| 16 Jan 2023 | £145,388 | £145,000 | 9 MOORSFIELD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 30 Sep 2011. Using an estimated price of £113,985 means this house is valued at £1,726 per sq meter (£160 per sq foot).
The average size of a house on MOORSFIELD is 79 sq meters (856 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Moorsfield |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Moorsfield |
| Jul 2024 | Burglary | Under investigation | On or near Moorsfield |
| May 2024 | Vehicle crime | Under investigation | On or near Moors Close |
| Jul 2024 | Other theft | Under investigation | On or near Petrol Station |