£296,909
This estimated value is based upon the latest sale price for the house of £58,000 on 18 Jul 1997. 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 Longacre
More crime details
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Price Paid | Date |
---|---|
£58,000 | 18 Jul 1997 |
£54,000 | 3 Feb 1995 |
Semi-Detached |
Freehold |
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 July 1997 the House Price Index for TYNE AND WEAR was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £58,000 results in an estimated price of approximately £296,909.
18 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.2 | 149.7 | 411.913 % | £58,000 | £238,909 | £296,909 |
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 | 69.132 % | £40,096 | £98,096 |
3 Month Average | 182.069 % | £105,600 | £163,600 |
6 Month Average | 188.804 % | £109,506 | £167,506 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £121,051 | £120,000 | 13 SOUTHBURN CLOSE |
4 Mar 2024 | £168,001 | £165,420 | 12 HUTTON CLOSE |
10 Nov 2023 | £164,167 | £160,000 | 66 NINE LANDS |
6 Oct 2023 | £135,579 | £132,500 | 26 LONG ACRE |
10 Feb 2023 | £181,210 | £180,000 | 6 AIREYS CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Longacre |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Nine Lands |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Nine Lands |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Nine Lands |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Southburn Close |