£191,204
This estimated value is based upon the latest sale price for the house of £155,000 on 19 Dec 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 |
|---|---|
| £155,000 | 19 Dec 2018 |
| £68,000 | 8 Apr 2005 |
| £47,000 | 14 Oct 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 2018 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £155,000 results in an estimated price of approximately £191,204.
| 19 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £155,000 | £36,204 | £191,204 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 21.201 % | £32,862 | £187,862 |
| 3 Month Average | 19.670 % | £30,488 | £185,488 |
| 6 Month Average | 32.709 % | £50,698 | £205,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £171,540 | £169,000 | 19 FINCHDALE CLOSE |
| 21 Aug 2023 | £121,059 | £120,000 | 99 CHIRTON WEST VIEW |
| 30 Jun 2023 | £93,128 | £92,000 | 142 CHIRTON WEST VIEW |
| 10 Jan 2023 | £64,695 | £65,000 | 158 CHIRTON WEST VIEW |
| 18 Nov 2022 | £82,995 | £84,000 | 91 CHIRTON WEST VIEW |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 14 Aug 2013. Using an estimated price of £191,205 means this house is valued at £1,692 per sq meter (£157 per sq foot).
The average size of a house on FINCHDALE CLOSE is 105 sq meters (1,137 sq feet).
This house is the largest in the street with a floor area of 113 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Finchdale Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Finchdale Close |
| Feb 2024 | Anti-social behaviour | On or near Finchdale Close | |
| Feb 2024 | Anti-social behaviour | On or near Finchdale Close | |
| Feb 2024 | Anti-social behaviour | On or near Finchdale Close |