£136,312
This estimated value is based upon the latest sale price for the house of £24,500 on 9 Feb 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £24,500 | 9 Feb 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 February 1996 the House Price Index for TYNE AND WEAR was 26.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 456.378%.Applying this 456.378% change to the original purchase price of £24,500 results in an estimated price of approximately £136,312.
| 9 Feb 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 146.7 | 456.378 % | £24,500 | £111,812 | £136,312 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | 106.430 % | £26,075 | £50,575 |
| 3 Month Average | 51.251 % | £12,556 | £37,056 |
| 6 Month Average | 141.078 % | £34,564 | £59,064 |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 26 Nov 2013.
The average size of a house on FELL CLOSE is 56 sq meters (607 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Havannah Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whinfell |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Whinway |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Moorside |
| Mar 2024 | Other theft | Under investigation | On or near Moorside |