£281,640
This estimated value is based upon the latest sale price for the house of £167,500 on 15 Sep 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£167,500 | 15 Sep 2006 |
£165,000 | 21 Oct 2005 |
£69,000 | 12 May 2000 |
£64,000 | 27 Feb 1998 |
£64,950 | 25 Aug 1995 |
Semi-Detached |
Leasehold |
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 September 2006 the House Price Index for TYNE AND WEAR was 87.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.143%.Applying this 68.143% change to the original purchase price of £167,500 results in an estimated price of approximately £281,640.
15 Sep 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 146.7 | 68.143 % | £167,500 | £114,140 | £281,640 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | -18.950 % | £-31,741 | £135,758 |
3 Month Average | -5.522 % | £-9,248 | £158,251 |
6 Month Average | 16.532 % | £27,691 | £195,191 |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Awaiting court outcome | On or near Calf Close Drive |
Feb 2024 | Other crime | Under investigation | On or near Calf Close Drive |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Calf Close Drive |
Feb 2024 | Public order | Under investigation | On or near Calf Close Walk |
Mar 2024 | Other crime | Under investigation | On or near Roman Road |