£767,869
This estimated value is based upon the latest sale price for the house of £150,000 on 4 Jul 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Sycamore Close
More crime details
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| Price Paid | Date |
|---|---|
| £150,000 | 4 Jul 1997 |
| £120,000 | 2 Oct 1996 |
| 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 £150,000 results in an estimated price of approximately £767,869.
| 4 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 149.7 | 411.913 % | £150,000 | £617,869 | £767,869 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 520.277 % | £780,415 | £930,415 |
| 3 Month Average | 357.926 % | £536,888 | £686,888 |
| 6 Month Average | 342.417 % | £513,625 | £663,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £695,803 | £680,000 | 8 SYCAMORE CLOSE |
| 5 Jun 2023 | £265,317 | £260,000 | FLAT C 38 GROSVENOR PLACE |
| 29 Mar 2023 | £508,492 | £500,000 | 51 QUEENS TERRACE |
| 24 Mar 2023 | £1,576,325 | £1,550,000 | 25 QUEENS TERRACE |
| 20 Mar 2023 | £859,351 | £845,000 | 45 QUEENS TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Sycamore Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sycamore Close |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Sycamore Close |
| Jun 2024 | Public order | Under investigation | On or near Sycamore Close |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Sycamore Close |