£213,176
This estimated value is based upon the latest sale price for the house of £175,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£175,000 | 31 Jul 2020 |
£147,000 | 16 Jan 2008 |
£75,000 | 12 Apr 2002 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,044 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 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £175,000 results in an estimated price of approximately £213,176.
31 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £175,000 | £38,176 | £213,176 |
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 | 12.284 % | £21,497 | £196,497 |
3 Month Average | 41.228 % | £72,149 | £247,149 |
6 Month Average | 28.858 % | £50,501 | £225,501 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Feb 2023 | £100,672 | £100,000 | 29 QUANTOCK CLOSE |
24 Jun 2022 | £158,386 | £155,000 | 22 CHEVIOT CLOSE |
13 May 2022 | £192,002 | £187,000 | 13 QUANTOCK CLOSE |
27 Apr 2022 | £103,742 | £100,000 | 25 QUANTOCK CLOSE |
28 Jan 2022 | £222,642 | £210,000 | 7 MENDIP CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 31 Jan 2014. Using an estimated price of £213,177 means this house is valued at £2,197 per sq meter (£204 per sq foot).
The average size of a house on PURBECK CLOSE is 101 sq meters (1,094 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Purbeck Close |
Jul 2024 | Possession of weapons | Under investigation | On or near Purbeck Close |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Quantock Close |
Aug 2024 | Anti-social behaviour | On or near Quantock Close | |
Aug 2024 | Anti-social behaviour | On or near Quantock Close |