£158,750
This estimated value is based upon the latest sale price for the house of £125,000 on 6 Nov 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £125,000 | 6 Nov 2017 |
| Leasehold |
| Floor Area: 87 sq meters or 945 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 2017 the House Price Index for TYNE AND WEAR was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £125,000 results in an estimated price of approximately £158,750.
| 6 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £125,000 | £33,750 | £158,750 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 52.106 % | £65,132 | £190,132 |
| 3 Month Average | 12.844 % | £16,054 | £141,054 |
| 6 Month Average | 13.926 % | £17,406 | £142,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £75,000 | £75,000 | MILLFIELD ST MARKS CHURCH ST MARKS TERRACE |
| 24 Apr 2024 | £90,788 | £90,000 | 23 HARLOW STREET |
| 2 Apr 2024 | £84,736 | £84,000 | 16 QUEENSBERRY STREET |
| 28 Mar 2024 | £50,780 | £50,000 | 12 HARLOW STREET |
| 1 Sep 2023 | £107,367 | £105,000 | 12 THE LEAZES |
This house has a floor area of 87 sq meters or 945 sq feet when measured on 26 Aug 2009. Using an estimated price of £158,750 means this house is valued at £1,807 per sq meter (£167 per sq foot).
The average size of a house on LANGTON CLOSE is 121 sq meters (1,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Under investigation | On or near Langton Close |
| Oct 2024 | Drugs | Under investigation | On or near Wentworth Terrace |
| Oct 2024 | Other theft | Under investigation | On or near Wentworth Terrace |
| Oct 2024 | Burglary | Under investigation | On or near Wentworth Terrace |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wentworth Terrace |