£132,828
This estimated value is based upon the latest sale price for the house of £107,000 on 6 Nov 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £107,000 | 6 Nov 2018 |
| £101,000 | 10 Oct 2008 |
| Terraced |
| Leasehold |
| 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 November 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £107,000 results in an estimated price of approximately £132,828.
| 6 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £107,000 | £25,828 | £132,828 |
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 | -32.195 % | £-34,448 | £72,551 |
| 3 Month Average | 4.512 % | £4,827 | £111,827 |
| 6 Month Average | 1.948 % | £2,084 | £109,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £176,533 | £175,000 | 62 REDLANDS |
| 14 Dec 2023 | £165,072 | £160,000 | 6 BURNHAM CLOSE |
| 29 Sep 2023 | £119,637 | £117,000 | 5 HELMSLEY CLOSE |
| 15 Nov 2022 | £5,624 | £5,650 | 40 HELMSLEY CLOSE |
| 30 May 2022 | £123,210 | £120,000 | 70 REDLANDS |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 26 Jun 2018. Using an estimated price of £132,828 means this house is valued at £2,012 per sq meter (£186 per sq foot).
The average size of a house on HELMSLEY CLOSE is 81 sq meters (880 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Helmsley Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Helmsley Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |