£128,377
This estimated value is based upon the latest sale price for the house of £75,000 on 31 Mar 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £75,000 | 31 Mar 2010 |
| £26,000 | 14 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 687 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 March 2010 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.170%.Applying this 71.170% change to the original purchase price of £75,000 results in an estimated price of approximately £128,377.
| 31 Mar 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.170 % | £75,000 | £53,377 | £128,377 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 39.846 % | £29,884 | £104,884 |
| 3 Month Average | 77.197 % | £57,898 | £132,898 |
| 6 Month Average | 52.399 % | £39,299 | £114,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £119,677 | £116,000 | 45 HONITON WAY |
| 6 Oct 2023 | £91,068 | £89,000 | 8 PEEBLES CLOSE |
| 6 Oct 2023 | £89,533 | £87,500 | 29 BROOKLAND TERRACE |
| 6 Oct 2023 | £89,533 | £87,500 | 27 BROOKLAND TERRACE |
| 4 Aug 2023 | £246,954 | £242,500 | 8 LANARK CLOSE |
This house has a floor area of 63 sq meters or 687 sq feet when measured on 19 Nov 2008. Using an estimated price of £128,378 means this house is valued at £2,008 per sq meter (£186 per sq foot).
The average size of a house on PEEBLES CLOSE is 57 sq meters (616 sq feet).
This house is the largest in the street with a floor area of 63 sq meters (687 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Peebles Close |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Peebles Close |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Peebles Close |
| Aug 2024 | Anti-social behaviour | On or near Peebles Close | |
| Aug 2024 | Anti-social behaviour | On or near Peebles Close |