£145,297
This estimated value is based upon the latest sale price for the house of £145,000 on 1 Sep 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 |
|---|---|
| £145,000 | 1 Sep 2023 |
| £81,000 | 31 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 September 2023 the House Price Index for TYNE AND WEAR was 146.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.205%.Applying this 0.205% change to the original purchase price of £145,000 results in an estimated price of approximately £145,297.
| 1 Sep 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 146.7 | 0.205 % | £145,000 | £297 | £145,297 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | -21.484 % | £-31,151 | £113,848 |
| 3 Month Average | -4.137 % | £-5,998 | £139,001 |
| 6 Month Average | 1.730 % | £2,509 | £147,509 |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 12 Aug 2013.
There is one other house on the street which we know the size of, this is 4 HEADLAM VIEW it is 87.78
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Headlam View |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Headlam View |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Headlam View |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Mickley Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mickley Close |