£114,374
This estimated value is based upon the latest sale price for the house of £92,950 on 25 Jun 2019. 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 |
|---|---|
| £92,950 | 25 Jun 2019 |
| £84,000 | 1 Dec 2008 |
| Flats/Maisonettes |
| Leasehold |
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 June 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £92,950 results in an estimated price of approximately £114,374.
| 25 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £92,950 | £21,424 | £114,374 |
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 | 21.485 % | £19,970 | £112,920 |
| 3 Month Average | 10.704 % | £9,949 | £102,899 |
| 6 Month Average | -0.117 % | £-108 | £92,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £151,951 | £150,000 | FLAT 29 WOODLAND MEWS REID PARK ROAD |
| 12 Apr 2023 | £90,674 | £90,000 | FLAT 17 WOODLAND MEWS REID PARK ROAD |
| 29 Mar 2023 | £502,717 | £500,000 | 51 QUEENS TERRACE |
| 1 Aug 2022 | £456,913 | £460,000 | 3 THE LAWNS, 104 OSBORNE ROAD |
| 28 Apr 2022 | £246,154 | £240,000 | FLAT 4 119 OSBORNE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Sycamore Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Sycamore Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sycamore Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sycamore Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sycamore Close |