£247,460
This estimated value is based upon the latest sale price for the house of £133,500 on 1 Jun 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £133,500 | 1 Jun 2009 |
| Semi-Detached |
| Freehold |
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 June 2009 the House Price Index for TYNE AND WEAR was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £133,500 results in an estimated price of approximately £247,460.
| 1 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.364 % | £133,500 | £113,960 | £247,460 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 44.525 % | £59,441 | £192,941 |
| 3 Month Average | 39.288 % | £52,449 | £185,949 |
| 6 Month Average | 26.443 % | £35,300 | £168,800 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £120,709 | £117,000 | 39 THORNBURY CLOSE |
| 28 Nov 2023 | £217,522 | £212,000 | 17 KNOWSLEY COURT |
| 10 Feb 2023 | £108,223 | £107,500 | 37 WARBECK CLOSE |
| 18 Mar 2022 | £229,665 | £220,000 | 49 WARBECK CLOSE |
| 23 Nov 2021 | £311,276 | £285,700 | 15 THORNBURY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dymock Court |
| Jun 2024 | Other theft | Under investigation | On or near Thornbury Close |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Thornbury Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thornbury Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Urswick Court |