£175,094
This estimated value is based upon the latest sale price for the house of £113,250 on 9 May 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£113,250 | 9 May 2014 |
£115,000 | 12 Jun 2006 |
£63,000 | 17 May 2002 |
£60,000 | 10 May 2002 |
£51,950 | 8 Oct 1999 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 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 May 2014 the House Price Index for TYNE AND WEAR was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £113,250 results in an estimated price of approximately £175,094.
9 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £113,250 | £61,844 | £175,094 |
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 | -9.923 % | £-11,238 | £102,011 |
3 Month Average | -4.640 % | £-5,254 | £107,995 |
6 Month Average | -1.648 % | £-1,866 | £111,383 |
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 53 sq meters or 570 sq feet when measured on 6 Feb 2014. Using an estimated price of £175,095 means this house is valued at £3,303 per sq meter (£306 per sq foot).
The average size of a house on SWARTH CLOSE is 73 sq meters (792 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (570 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 | Under investigation | On or near Doddfell Close |
Mar 2024 | Anti-social behaviour | On or near Doddfell Close |