£178,961
This estimated value is based upon the latest sale price for the house of £115,000 on 18 Jul 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£115,000 | 18 Jul 2007 |
£91,000 | 17 Nov 2006 |
Terraced |
Freehold |
Floor Area: 46 sq meters or 495 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 July 2007 the House Price Index for TYNE AND WEAR was 94.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.619%.Applying this 55.619% change to the original purchase price of £115,000 results in an estimated price of approximately £178,961.
18 Jul 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 146.7 | 55.619 % | £115,000 | £63,961 | £178,961 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -18.511 % | £-21,287 | £93,712 |
3 Month Average | -14.977 % | £-17,223 | £97,776 |
6 Month Average | 4.985 % | £5,733 | £120,733 |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 10 Jan 2014.
The average size of a house on RALEIGH CLOSE is 62 sq meters (674 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near The Captains Row |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near The Captains Row |
Jan 2024 | Violence and sexual offences | Under investigation | On or near The Captains Row |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Anson Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cook Close |