£242,678
This estimated value is based upon the latest sale price for the house of £192,500 on 24 Nov 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Closefield Grove
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Price Paid | Date |
---|---|
£192,500 | 24 Nov 2017 |
£152,000 | 1 Mar 2007 |
£158,000 | 28 Oct 2005 |
£68,000 | 12 Jul 2002 |
£43,000 | 26 Feb 1999 |
Semi-Detached |
Freehold |
Floor Area: 95 sq meters or 1,022 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 2017 the House Price Index for TYNE AND WEAR was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £192,500 results in an estimated price of approximately £242,678.
24 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £192,500 | £50,178 | £242,678 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 31.047 % | £59,766 | £252,266 |
3 Month Average | 22.745 % | £43,784 | £236,284 |
6 Month Average | 14.828 % | £28,544 | £221,044 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £1,213,228 | £1,192,000 | 4 BEVERLEY PARK |
8 Dec 2023 | £215,826 | £212,050 | 21 CHURCHILL AVENUE |
30 Nov 2023 | £243,607 | £240,000 | 83 ROKER AVENUE |
22 Aug 2023 | £423,707 | £420,000 | 15 VERNON DRIVE |
31 Mar 2023 | £251,116 | £248,750 | 52 CHURCHILL AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 17 Jul 2014. Using an estimated price of £242,679 means this house is valued at £2,554 per sq meter (£237 per sq foot).
The average size of a house on APPLETREE GARDENS is 108 sq meters (1,162 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Closefield Grove |
Apr 2024 | Public order | Under investigation | On or near Churchill Avenue |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Churchill Avenue |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Churchill Avenue |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Beverley Park |