£84,302
This estimated value is based upon the latest sale price for the house of £64,500 on 3 May 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£64,500 | 3 May 2018 |
£46,000 | 11 Aug 2017 |
£21,500 | 9 Aug 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 May 2018 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 30.702%.Applying this 30.702% change to the original purchase price of £64,500 results in an estimated price of approximately £84,302.
3 May 2018 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 104.3 | 30.702 % | £64,500 | £19,802 | £84,302 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -2.576 % | £-1,661 | £62,838 |
3 Month Average | 46.779 % | £30,172 | £94,672 |
6 Month Average | 33.450 % | £21,575 | £86,075 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2025 | £132,000 | £132,000 | 4 HEXHAM CLOSE |
18 Oct 2024 | £296,958 | £285,000 | 23 MOOR PARK COURT |
1 Dec 2023 | £112,786 | £105,000 | 8 GARRICK CLOSE |
25 Sep 2023 | £135,027 | £127,000 | 24 GARRICK CLOSE |
22 Sep 2023 | £255,115 | £239,950 | 35 MOOR CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 26 Jun 2017. Using an estimated price of £84,303 means this house is valued at £1,590 per sq meter (£147 per sq foot).
The average size of a house on GARRICK CLOSE is 99 sq meters (1,065 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (570 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Garrick Close |
Apr 2025 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Adelphi Close |
Mar 2025 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Adelphi Close |