£124,228
This estimated value is based upon the latest sale price for the house of £100,000 on 4 May 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£100,000 | 4 May 2018 |
£98,000 | 8 Aug 2014 |
£110,000 | 16 Sep 2005 |
£55,200 | 22 Jun 2000 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 May 2018 the House Price Index for TYNE AND WEAR was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £100,000 results in an estimated price of approximately £124,228.
4 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.0 | 24.228 % | £100,000 | £24,228 | £124,228 |
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 | -30.686 % | £-30,685 | £69,314 |
3 Month Average | -7.715 % | £-7,715 | £92,284 |
6 Month Average | 14.685 % | £14,684 | £114,684 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2023 | £90,551 | £90,000 | 20 POOLEY ROAD |
8 Jun 2023 | £211,717 | £210,000 | 16 DEWLEY ROAD |
27 Feb 2023 | £124,412 | £125,000 | 22 STAPLEFORD CLOSE |
27 Jan 2023 | £146,711 | £148,000 | 7 CROMDALE PLACE |
31 Oct 2022 | £137,949 | £140,000 | 33 STAPLEFORD CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 11 Apr 2013. Using an estimated price of £124,228 means this house is valued at £2,105 per sq meter (£195 per sq foot).
The average size of a house on STAPLEFORD CLOSE is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Stapleford Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Stapleford Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Stapleford Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Pooley Road |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Birchvale Avenue |