£80,039
This estimated value is based upon the latest sale price for the house of £52,000 on 21 Jul 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £52,000 | 21 Jul 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 July 2014 the House Price Index for TYNE AND WEAR was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £52,000 results in an estimated price of approximately £80,039.
| 21 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £52,000 | £28,039 | £80,039 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 3.335 % | £1,734 | £53,734 |
| 3 Month Average | 24.954 % | £12,975 | £64,975 |
| 6 Month Average | 7.789 % | £4,050 | £56,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £194,691 | £193,000 | 4 CORMORANT CLOSE |
| 3 Nov 2023 | £297,553 | £290,000 | 70 TURNSTONE DRIVE |
| 23 Jun 2023 | £306,135 | £300,000 | 4 FIELDFARE CLOSE |
| 3 Feb 2023 | £251,631 | £249,950 | 54 TURNSTONE DRIVE |
| 12 Jul 2022 | £292,935 | £290,000 | 28 TURNSTONE DRIVE |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 12 Jul 2013. Using an estimated price of £80,039 means this house is valued at £2,163 per sq meter (£200 per sq foot).
The average size of a house on PLOVER CLOSE is 69 sq meters (749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Turnstone Drive |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Whitethroat Close |
| Oct 2024 | Burglary | Under investigation | On or near Glenholme Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Lapwing Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lapwing Close |