£155,028
This estimated value is based upon the latest sale price for the house of £32,950 on 24 Jul 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £32,950 | 24 Jul 1998 |
| Semi-Detached |
| Freehold |
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 July 1998 the House Price Index for TYNE AND WEAR was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.495%.Applying this 370.495% change to the original purchase price of £32,950 results in an estimated price of approximately £155,028.
| 24 Jul 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.495 % | £32,950 | £122,078 | £155,028 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 218.257 % | £71,915 | £104,865 |
| 3 Month Average | 181.421 % | £59,778 | £92,728 |
| 6 Month Average | 150.024 % | £49,432 | £82,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £160,393 | £157,500 | 21 PRIESTFIELD CLOSE |
| 18 Apr 2023 | £112,606 | £110,500 | 22 BROOKBANK CLOSE |
| 18 Apr 2023 | £135,688 | £133,150 | 2 HIGH TREE CLOSE |
| 19 Oct 2022 | £63,289 | £63,500 | 10 PRIESTFIELD CLOSE |
| 2 Sep 2022 | £72,951 | £73,000 | 40 PRIESTFIELD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Drugs | Under investigation | On or near Priestfield Close |
| Aug 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |