£545,163
This estimated value is based upon the latest sale price for the house of £475,000 on 1 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 |
|---|---|
| £475,000 | 1 Dec 2020 |
| £405,000 | 30 Nov 2016 |
| £290,000 | 12 Aug 2003 |
| Detached |
| Freehold |
| Floor Area: 183 sq meters or 1,969 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 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £475,000 results in an estimated price of approximately £545,163.
| 1 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £475,000 | £70,163 | £545,163 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 2.950 % | £14,014 | £489,014 |
| 3 Month Average | -4.087 % | £-19,414 | £455,585 |
| 6 Month Average | 9.460 % | £44,933 | £519,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £253,238 | £250,000 | 2A MATFEN PLACE |
| 21 Jul 2023 | £750,095 | £740,000 | 64 MOORSIDE SOUTH |
| 25 Apr 2023 | £252,721 | £250,000 | 13 MATFEN PLACE |
| 14 Feb 2023 | £264,822 | £265,000 | 6 MATFEN PLACE |
| 7 Feb 2023 | £259,825 | £260,000 | 14 MATFEN PLACE |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 29 Feb 2020. Using an estimated price of £545,164 means this house is valued at £2,979 per sq meter (£276 per sq foot).
The average size of a house on MOORSIDE SOUTH is 212 sq meters (2,292 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Moorside South |
| Mar 2024 | Vehicle crime | Under investigation | On or near Moorside South |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Moorside South |
| Feb 2024 | Public order | Under investigation | On or near Moorside South |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Moorside South |