£291,272
This estimated value is based upon the latest sale price for the house of £180,000 on 27 Apr 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £180,000 | 27 Apr 2007 |
| £180,000 | 27 Apr 2007 |
| £46,000 | 21 Feb 2003 |
| £32,250 | 3 Aug 2001 |
| £29,000 | 19 Jun 1995 |
| Semi-Detached |
| 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 April 2007 the House Price Index for TYNE AND WEAR was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £180,000 results in an estimated price of approximately £291,272.
| 27 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £180,000 | £111,272 | £291,272 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | -4.262 % | £-7,671 | £172,328 |
| 3 Month Average | 20.176 % | £36,317 | £216,317 |
| 6 Month Average | 20.119 % | £36,214 | £216,214 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £45,000 | £45,000 | 6 GREENACRES CLOSE |
| 8 Dec 2023 | £148,565 | £144,000 | 10 GREENACRES CLOSE |
| 1 Sep 2023 | £189,170 | £185,000 | 15 LONG MEADOW CLOSE |
| 4 Aug 2023 | £160,902 | £158,000 | 130 KEPIER CHARE |
| 27 Jun 2023 | £229,601 | £225,000 | 121 KEPIER CHARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Mollyfair Close | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Shaftoe Close |
| Jul 2024 | Anti-social behaviour | On or near Shaftoe Close | |
| Jul 2024 | Anti-social behaviour | On or near Shaftoe Close | |
| Jul 2024 | Anti-social behaviour | On or near Shaftoe Close |