£162,367
This estimated value is based upon the latest sale price for the house of £165,000 on 23 Nov 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £165,000 | 23 Nov 2022 |
| £138,500 | 19 Mar 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 November 2022 the House Price Index for TYNE AND WEAR was 150.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.596%.Applying this -1.596% change to the original purchase price of £165,000 results in an estimated price of approximately £162,367.
| 23 Nov 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.0 | -1.596 % | £165,000 | £-2,632 | £162,367 |
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 | -54.645 % | £-90,164 | £74,835 |
| 3 Month Average | -25.372 % | £-41,863 | £123,136 |
| 6 Month Average | -8.314 % | £-13,717 | £151,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £147,796 | £145,000 | 6 CLAREWOOD PLACE |
| 15 Dec 2023 | £187,548 | £184,000 | 22 WHITTINGTON GROVE |
| 6 Feb 2023 | £119,435 | £120,000 | 14 DISSINGTON PLACE |
| 23 Nov 2022 | £162,367 | £165,000 | 18 NAFFERTON PLACE |
| 10 May 2022 | £126,886 | £125,000 | 18 RUDCHESTER PLACE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 May 2019. Using an estimated price of £162,367 means this house is valued at £2,224 per sq meter (£206 per sq foot).
The average size of a house on NAFFERTON PLACE is 80 sq meters (868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nafferton Place |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Rudchester Place |
| Mar 2024 | Public order | Under investigation | On or near Rudchester Place |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rudchester Place |
| Feb 2024 | Burglary | Under investigation | On or near Rudchester Place |