£166,540
This estimated value is based upon the latest sale price for the house of £103,000 on 13 Dec 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £103,000 | 13 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 December 2013 the House Price Index for TYNE AND WEAR was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £103,000 results in an estimated price of approximately £166,540.
| 13 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £103,000 | £63,540 | £166,540 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | -3.496 % | £-3,600 | £99,399 |
| 3 Month Average | 29.926 % | £30,823 | £133,823 |
| 6 Month Average | 33.690 % | £34,700 | £137,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2024 | £134,000 | £134,000 | 3 MEADOWFIELD CRESCENT |
| 30 Jun 2023 | £301,033 | £295,000 | 7 FERNLEA GARDENS |
| 9 Jun 2023 | £91,840 | £90,000 | 4 GIBSON TERRACE |
| 24 Mar 2023 | £86,444 | £85,000 | 5 GIBSON TERRACE |
| 22 Jul 2022 | £143,942 | £142,500 | 10 SIMPSONS MEMORIAL HOMES |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 28 Jun 2013. Using an estimated price of £166,541 means this house is valued at £2,162 per sq meter (£200 per sq foot).
The average size of a house on APPLEBY PLACE is 124 sq meters (1,338 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Investigation complete; no suspect identified | On or near Meadowfield Crescent |
| Oct 2024 | Other crime | Under investigation | On or near Meadowfield Crescent |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadowfield Crescent |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Meadowfield Crescent |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Meadowfield Crescent |