£278,751
This estimated value is based upon the latest sale price for the house of £275,000 on 17 Jul 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £275,000 | 17 Jul 2023 |
| £155,000 | 28 Oct 2002 |
| 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 2023 the House Price Index for TYNE AND WEAR was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £275,000 results in an estimated price of approximately £278,751.
| 17 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £275,000 | £3,751 | £278,751 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | -44.549 % | £-122,510 | £152,489 |
| 3 Month Average | -19.631 % | £-53,984 | £221,015 |
| 6 Month Average | -0.480 % | £-1,320 | £273,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £278,752 | £275,000 | 1 BRETT CLOSE |
| 7 Jul 2023 | £263,547 | £260,000 | 5 SLINGSBY GARDENS |
| 22 Apr 2022 | £229,645 | £223,000 | 31 EAGLESCLIFFE DRIVE |
| 24 Jan 2022 | £247,316 | £235,000 | 22 EAGLESCLIFFE DRIVE |
| 28 Aug 2020 | £245,809 | £205,000 | 20 EAGLESCLIFFE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Highworth Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Highworth Drive |
| Mar 2024 | Burglary | Under investigation | On or near Barwell Court |
| Mar 2024 | Other theft | Under investigation | On or near Warwick Hall Walk |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Meridian Way |