£118,515
This estimated value is based upon the latest sale price for the house of £117,000 on 29 Sep 2023. 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 Oakmere Close
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £117,000 | 29 Sep 2023 |
| £107,000 | 20 Jul 2005 |
| £80,000 | 22 Nov 2002 |
| Terraced |
| Leasehold |
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 2023 the House Price Index for TYNE AND WEAR was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £117,000 results in an estimated price of approximately £118,515.
| 29 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £117,000 | £1,515 | £118,515 |
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 | 48.457 % | £56,695 | £173,695 |
| 3 Month Average | 13.716 % | £16,048 | £133,048 |
| 6 Month Average | -0.442 % | £-516 | £116,483 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £162,849 | £160,000 | 6 BURNHAM CLOSE |
| 29 Sep 2023 | £118,515 | £117,000 | 5 HELMSLEY CLOSE |
| 15 Nov 2022 | £5,582 | £5,650 | 40 HELMSLEY CLOSE |
| 20 Apr 2022 | £242,003 | £235,000 | WHITE HOUSE STANLEY TERRACE |
| 6 Apr 2022 | £82,384 | £80,000 | SIDNEY VILLA STANLEY TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakmere Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Oakmere Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Oakmere Close |
| Mar 2024 | Anti-social behaviour | On or near Chester Road | |
| Mar 2024 | Anti-social behaviour | On or near Chester Road |