£531,377
This estimated value is based upon the latest sale price for the house of £535,000 on 24 Aug 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 |
|---|---|
| £535,000 | 24 Aug 2023 |
| £360,000 | 13 Jan 2015 |
| Detached |
| Freehold |
| Floor Area: 294 sq meters or 3,164 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 August 2023 the House Price Index for TYNE AND WEAR was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £535,000 results in an estimated price of approximately £531,377.
| 24 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.7 | 146.7 | -0.677 % | £535,000 | £-3,622 | £531,377 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 18.641 % | £99,729 | £634,729 |
| 3 Month Average | 2.041 % | £10,916 | £545,916 |
| 6 Month Average | 19.252 % | £102,997 | £637,997 |
This house has a floor area of 294 sq meters or 3,164 sq feet when measured on 5 Nov 2014.
The average size of a house on FATFIELD PARK is 177 sq meters (1,907 sq feet).
This house is the largest in the street with a floor area of 294 sq meters (3,164 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Biddick Lane |
| Mar 2024 | Anti-social behaviour | On or near Biddick Lane | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Biddick Lane |
| Feb 2024 | Anti-social behaviour | On or near Biddick Lane | |
| Feb 2024 | Anti-social behaviour | On or near Biddick Lane |