£100,904
This estimated value is based upon the latest sale price for the house of £99,950 on 7 Jul 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £99,950 | 7 Jul 2023 |
| £89,000 | 11 Jun 2020 |
| £50,000 | 31 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2023 the House Price Index for TYNE AND WEAR was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £99,950 results in an estimated price of approximately £100,904.
| 7 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £99,950 | £954 | £100,904 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -41.575 % | £-41,554 | £58,395 |
| 3 Month Average | -21.656 % | £-21,644 | £78,305 |
| 6 Month Average | 1.126 % | £1,125 | £101,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £105,356 | £105,000 | 92 CORNHILL |
| 10 Jul 2023 | £104,993 | £104,000 | 71 FORDMOSS WALK |
| 7 Jul 2023 | £100,904 | £99,950 | 18 EARSDON CLOSE |
| 24 Mar 2023 | £89,484 | £89,000 | 8 DAYSHIELD |
| 30 Jun 2022 | £95,973 | £95,000 | 3 NORTHUMBRIA WALK |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 29 Jan 2018. Using an estimated price of £100,904 means this house is valued at £1,201 per sq meter (£111 per sq foot).
The average size of a house on EARSDON CLOSE is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Eshott Close | |
| Apr 2024 | Anti-social behaviour | On or near Eshott Close | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eshott Close |
| Jan 2024 | Anti-social behaviour | On or near Eshott Close | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eshott Close |