£101,589
This estimated value is based upon the latest sale price for the house of £60,000 on 22 Jan 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£60,000 | 22 Jan 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 January 2010 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.315%.Applying this 69.315% change to the original purchase price of £60,000 results in an estimated price of approximately £101,589.
22 Jan 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 146.7 | 69.315 % | £60,000 | £41,589 | £101,589 |
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 | 52.742 % | £31,645 | £91,645 |
3 Month Average | 13.327 % | £7,996 | £67,996 |
6 Month Average | 34.240 % | £20,544 | £80,544 |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 13 Jul 2020.
The average size of a house on CUILLIN CLOSE is 94 sq meters (1,013 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Cuillin Close |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cuillin Close |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cuillin Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cleveland Drive |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Cleveland Drive |