£255,354
This estimated value is based upon the latest sale price for the house of £236,250 on 11 Jun 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £236,250 | 11 Jun 2021 |
| £212,510 | 23 May 2014 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 June 2021 the House Price Index for TYNE AND WEAR was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £236,250 results in an estimated price of approximately £255,354.
| 11 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £236,250 | £19,104 | £255,354 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | 4.621 % | £10,916 | £247,166 |
| 3 Month Average | 21.360 % | £50,461 | £286,711 |
| 6 Month Average | 8.798 % | £20,785 | £257,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2024 | £410,000 | £410,000 | CLAYHANGER GUEST HOUSE, 42 KING STREET |
| 1 Mar 2024 | £594,128 | £585,000 | 4 GRANVILLE AVENUE |
| 17 Nov 2023 | £241,121 | £235,000 | 23C ALBERT STREET |
| 27 Sep 2023 | £652,381 | £638,000 | 7 GOWER STREET |
| 30 Jun 2023 | £147,965 | £145,000 | 41 EARL STREET |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 22 Apr 2014. Using an estimated price of £255,355 means this house is valued at £2,220 per sq meter (£206 per sq foot).
The average size of a house on MILLER CLOSE is 103 sq meters (1,112 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Miller Street |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Miller Street |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Miller Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Street |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near King Street |