£246,272
This estimated value is based upon the latest sale price for the house of £213,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £213,000 | 4 Dec 2020 |
| £190,000 | 16 Dec 2011 |
| £205,000 | 26 Aug 2005 |
| £56,500 | 22 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,177 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 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £213,000 results in an estimated price of approximately £246,272.
| 4 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £213,000 | £33,272 | £246,272 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 19.311 % | £41,131 | £254,131 |
| 3 Month Average | 12.972 % | £27,630 | £240,630 |
| 6 Month Average | 11.405 % | £24,292 | £237,292 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £180,032 | £174,500 | 42 FAIRFIELD GREEN |
| 7 Nov 2023 | £323,204 | £315,000 | 5 FAIR GREEN |
| 4 Oct 2023 | £227,671 | £222,500 | 59 THORNTREE DRIVE |
| 21 Aug 2023 | £269,867 | £265,000 | 24 MIDDLE GREEN |
| 25 Mar 2022 | £302,741 | £290,000 | 2 FAIR GREEN |
This house has a floor area of 109 sq meters or 1,177 sq feet when measured on 13 Aug 2011. Using an estimated price of £246,273 means this house is valued at £2,251 per sq meter (£209 per sq foot).
The average size of a house on FAIRFIELD GREEN is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Green |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Green |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Green |
| Sep 2024 | Anti-social behaviour | On or near Middle Green | |
| Sep 2024 | Anti-social behaviour | On or near Middle Green |