£398,811
This estimated value is based upon the latest sale price for the house of £250,000 on 7 Feb 2014. 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 |
|---|---|
| £250,000 | 7 Feb 2014 |
| £135,000 | 14 Dec 2001 |
| 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 February 2014 the House Price Index for TYNE AND WEAR was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £250,000 results in an estimated price of approximately £398,811.
| 7 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £250,000 | £148,811 | £398,811 |
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 | 58.426 % | £146,064 | £396,064 |
| 3 Month Average | 54.473 % | £136,182 | £386,182 |
| 6 Month Average | 34.808 % | £87,020 | £337,020 |
| 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 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Eastleigh Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Front Street |
| 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 |
| Aug 2024 | Drugs | Offender given a caution | On or near Davison Street |