£1,175,578
This estimated value is based upon the latest sale price for the house of £710,000 on 26 Apr 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Sycamore Close
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £710,000 | 26 Apr 2013 |
| Detached |
| Freehold |
| Floor Area: 236 sq meters or 2,540 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 April 2013 the House Price Index for TYNE AND WEAR was 88.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.574%.Applying this 65.574% change to the original purchase price of £710,000 results in an estimated price of approximately £1,175,578.
| 26 Apr 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 146.7 | 65.574 % | £710,000 | £465,578 | £1,175,578 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | -18.281 % | £-129,795 | £580,204 |
| 3 Month Average | -1.157 % | £-8,217 | £701,782 |
| 6 Month Average | 16.125 % | £114,486 | £824,486 |
This house has a floor area of 236 sq meters or 2,540 sq feet when measured on 27 Jun 2012.
The average size of a house on REID PARK ROAD is 209 sq meters (2,251 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Sycamore Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sycamore Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sycamore Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sycamore Close |
| Jan 2024 | Anti-social behaviour | On or near Sycamore Close |