£166,790
This estimated value is based upon the latest sale price for the house of £110,000 on 22 Sep 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £110,000 | 22 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 131 sq meters or 1,415 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 September 2014 the House Price Index for TYNE AND WEAR was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £110,000 results in an estimated price of approximately £166,790.
| 22 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £110,000 | £56,790 | £166,790 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 33.719 % | £37,091 | £147,091 |
| 3 Month Average | 28.803 % | £31,683 | £141,683 |
| 6 Month Average | 21.630 % | £23,792 | £133,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £191,664 | £190,000 | 63 HAZELDENE AVENUE |
| 14 Mar 2024 | £71,092 | £70,000 | 13 ELAND CLOSE |
| 20 Dec 2023 | £160,430 | £155,500 | 33 ELAND CLOSE |
| 18 Dec 2023 | £136,701 | £132,500 | 24 DUGDALE ROAD |
| 27 Oct 2023 | £40,929 | £39,999 | 3 BELLINGHAM COURT |
This house has a floor area of 131 sq meters or 1,415 sq feet when measured on 30 Mar 2011. Using an estimated price of £166,791 means this house is valued at £1,268 per sq meter (£117 per sq foot).
The average size of a house on CASTLE CLOSE is 120 sq meters (1,293 sq feet).
This house is the largest in the street with a floor area of 131 sq meters (1,415 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Castle Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Thirston Way |
| Jul 2024 | Public order | Under investigation | On or near Thirston Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Thirston Way |
| May 2024 | Violence and sexual offences | Under investigation | On or near Thirston Way |