£212,818
This estimated value is based upon the latest sale price for the house of £118,000 on 11 Jan 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 |
|---|---|
| £118,000 | 11 Jan 2006 |
| Semi-Detached |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 January 2006 the House Price Index for TYNE AND WEAR was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.355%.Applying this 80.355% change to the original purchase price of £118,000 results in an estimated price of approximately £212,818.
| 11 Jan 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 149.7 | 80.355 % | £118,000 | £94,818 | £212,818 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 88.905 % | £104,907 | £222,907 |
| 3 Month Average | 45.342 % | £53,503 | £171,503 |
| 6 Month Average | 29.375 % | £34,662 | £152,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £120,709 | £117,000 | 39 THORNBURY CLOSE |
| 28 Nov 2023 | £217,522 | £212,000 | 17 KNOWSLEY COURT |
| 10 Feb 2023 | £108,223 | £107,500 | 37 WARBECK CLOSE |
| 18 Mar 2022 | £229,665 | £220,000 | 49 WARBECK CLOSE |
| 23 Nov 2021 | £311,276 | £285,700 | 15 THORNBURY CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 2 Jul 2020. Using an estimated price of £212,819 means this house is valued at £3,084 per sq meter (£286 per sq foot).
The average size of a house on SHEEN COURT is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dymock Court |
| Jun 2024 | Other theft | Under investigation | On or near Thornbury Close |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Thornbury Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thornbury Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Urswick Court |