£234,842
This estimated value is based upon the latest sale price for the house of £189,995 on 30 Sep 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Garthfield Corner
More crime details
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Price Paid | Date |
---|---|
£189,995 | 30 Sep 2019 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 September 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £189,995 results in an estimated price of approximately £234,842.
30 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.605 % | £189,995 | £44,847 | £234,842 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -5.597 % | £-10,633 | £179,361 |
3 Month Average | 22.366 % | £42,495 | £232,490 |
6 Month Average | 21.629 % | £41,093 | £231,088 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £239,682 | £236,000 | 20 KIRKLAND CHASE |
8 Sep 2023 | £204,508 | £200,000 | 8 GARTHFIELD CRESCENT |
8 Sep 2023 | £217,801 | £213,000 | 22 KIRKLAND CHASE |
6 Sep 2023 | £175,877 | £172,000 | 35 GARTHFIELD CRESCENT |
21 Aug 2023 | £132,388 | £130,000 | 49 GARTHFIELD CRESCENT |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 22 Mar 2019. Using an estimated price of £234,843 means this house is valued at £2,525 per sq meter (£234 per sq foot).
The average size of a house on KIRKLAND CHASE is 99 sq meters (1,066 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Shoplifting | Under investigation | On or near Garthfield Corner |
Nov 2024 | Burglary | Under investigation | On or near Garthfield Corner |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Garthfield Corner |
Nov 2024 | Criminal damage and arson | Under investigation | On or near Garthfield Crescent |
Oct 2024 | Anti-social behaviour | On or near Garthfield Crescent |