£193,461
This estimated value is based upon the latest sale price for the house of £134,950 on 5 Jun 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Russell Close
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| Price Paid | Date |
|---|---|
| £134,950 | 5 Jun 2015 |
| £124,950 | 17 Jan 2014 |
| £108,295 | 26 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 757 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 June 2015 the House Price Index for TYNE AND WEAR was 102.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 43.358%.Applying this 43.358% change to the original purchase price of £134,950 results in an estimated price of approximately £193,461.
| 5 Jun 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 146.7 | 43.358 % | £134,950 | £58,511 | £193,461 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | -8.561 % | £-11,553 | £123,396 |
| 3 Month Average | 20.137 % | £27,175 | £162,125 |
| 6 Month Average | 16.462 % | £22,216 | £157,166 |
This house has a floor area of 70 sq meters or 757 sq feet when measured on 5 Sep 2011.
The average size of a house on BRISTOL DRIVE is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Russell Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Russell Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Berwick Drive |
| Mar 2024 | Anti-social behaviour | On or near Berwick Drive | |
| Mar 2024 | Other crime | Under investigation | On or near Berwick Drive |