£342,785
This estimated value is based upon the latest sale price for the house of £335,000 on 6 Oct 2023. 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 Eastleigh Close
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| Price Paid | Date |
|---|---|
| £335,000 | 6 Oct 2023 |
| £235,000 | 11 Oct 2013 |
| Detached |
| Leasehold |
| Floor Area: 114 sq meters or 1,227 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 October 2023 the House Price Index for TYNE AND WEAR was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £335,000 results in an estimated price of approximately £342,785.
| 6 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £335,000 | £7,785 | £342,785 |
The Postcode Pricing Model uses changes in average sales price within the NE35 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 | -48.722 % | £-163,217 | £171,782 |
| 3 Month Average | 9.462 % | £31,696 | £366,696 |
| 6 Month Average | 23.209 % | £77,750 | £412,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £133,500 | £133,500 | 3 CHURCH VIEW |
| 20 Nov 2023 | £87,214 | £85,000 | 39 SIMPSON CLOSE |
| 6 Oct 2023 | £342,785 | £335,000 | 14 EASTLEIGH CLOSE |
| 5 Sep 2023 | £306,711 | £299,950 | 58 ROMSEY DRIVE |
| 28 Apr 2023 | £326,099 | £320,000 | 11 WIMBORNE CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 24 Apr 2013. Using an estimated price of £342,785 means this house is valued at £3,006 per sq meter (£279 per sq foot).
The average size of a house on EASTLEIGH CLOSE is 157 sq meters (1,695 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Eastleigh Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Front Street |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Front Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Front Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Church View |