£338,698
This estimated value is based upon the latest sale price for the house of £63,000 on 17 Jan 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £63,000 | 17 Jan 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 145 sq meters or 1,560 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 January 1997 the House Price Index for TYNE AND WEAR was 27.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 437.617%.Applying this 437.617% change to the original purchase price of £63,000 results in an estimated price of approximately £338,698.
| 17 Jan 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 149.7 | 437.617 % | £63,000 | £275,698 | £338,698 |
The Postcode Pricing Model uses changes in average sales price within the NE35 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 | 61.155 % | £38,527 | £101,527 |
| 3 Month Average | 147.093 % | £92,668 | £155,668 |
| 6 Month Average | 242.839 % | £152,988 | £215,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £327,797 | £324,950 | 21 KINGSWOOD CLOSE |
| 10 Nov 2023 | £130,923 | £127,600 | 7 ALDERLEY CLOSE |
| 20 Apr 2022 | £101,667 | £98,000 | 94C HEDWORTH LANE |
| 28 Feb 2022 | £6,709 | £6,350 | 14 SHIPTON CLOSE |
| 12 Jan 2022 | £174,933 | £165,000 | 3 WHITCHURCH CLOSE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 23 Oct 2013. Using an estimated price of £338,699 means this house is valued at £2,335 per sq meter (£217 per sq foot).
The average size of a house on WHITCHURCH CLOSE is 116 sq meters (1,249 sq feet).
This house is the largest in the street with a floor area of 145 sq meters (1,560 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Whitchurch Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kingswood Close |
| Jul 2024 | Burglary | Under investigation | On or near Fawley Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fawley Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Church View |