£129,781
This estimated value is based upon the latest sale price for the house of £120,000 on 12 Nov 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£120,000 | 12 Nov 2021 |
£125,000 | 18 Feb 2008 |
£57,450 | 25 Jun 1999 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £120,000 results in an estimated price of approximately £129,781.
12 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.6 | 8.151 % | £120,000 | £9,781 | £129,781 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -69.635 % | £-83,561 | £36,438 |
3 Month Average | -24.264 % | £-29,116 | £90,883 |
6 Month Average | -28.921 % | £-34,705 | £85,294 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2023 | £193,695 | £192,000 | 14 SHUNNER CLOSE |
20 Jun 2023 | £111,349 | £110,000 | 22 DODDFELL CLOSE |
7 Jun 2023 | £146,778 | £145,000 | 15 SHIELDCLOSE |
3 Feb 2023 | £139,906 | £140,000 | 14 DODDFELL CLOSE |
3 Feb 2023 | £124,916 | £125,000 | 3 DODDFELL CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 19 Aug 2021. Using an estimated price of £129,782 means this house is valued at £2,237 per sq meter (£207 per sq foot).
The average size of a house on SWARTH CLOSE is 73 sq meters (792 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Swarth Close | |
Feb 2024 | Anti-social behaviour | On or near Swarth Close | |
Mar 2024 | Anti-social behaviour | On or near Doddfell Close | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Doddfell Close |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Doddfell Close |