£80,398
This estimated value is based upon the latest sale price for the house of £65,000 on 16 Aug 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 |
|---|---|
| £65,000 | 16 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 August 2018 the House Price Index for TYNE AND WEAR was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £65,000 results in an estimated price of approximately £80,398.
| 16 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £65,000 | £15,398 | £80,398 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -2.783 % | £-1,809 | £63,190 |
| 3 Month Average | 19.954 % | £12,970 | £77,970 |
| 6 Month Average | 3.683 % | £2,394 | £67,394 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £101,781 | £100,000 | 17 DISHFORTH GREEN |
| 15 Dec 2023 | £100,254 | £98,500 | 22 DISHFORTH GREEN |
| 14 Sep 2023 | £92,179 | £91,000 | 18 KILBURN GREEN |
| 18 Aug 2023 | £116,015 | £115,000 | 21 TOPCLIFFE GREEN |
| 21 Jul 2023 | £110,487 | £109,000 | 3 KILBURN GREEN |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 6 Jul 2018. Using an estimated price of £80,399 means this house is valued at £957 per sq meter (£88 per sq foot).
The average size of a house on KILBURN GREEN is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Richmond Close | |
| Mar 2024 | Anti-social behaviour | On or near Richmond Close | |
| Mar 2024 | Anti-social behaviour | On or near Richmond Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Richmond Close |
| Mar 2024 | Public order | Under investigation | On or near Richmond Close |