£144,243
This estimated value is based upon the latest sale price for the house of £43,500 on 3 Aug 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £43,500 | 3 Aug 2001 |
| £41,000 | 31 Oct 1996 |
| Terraced |
| Freehold |
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 August 2001 the House Price Index for TYNE AND WEAR was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £43,500 results in an estimated price of approximately £144,243.
| 3 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £43,500 | £100,743 | £144,243 |
The Postcode Pricing Model uses changes in average sales price within the NE10 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 | 185.378 % | £80,639 | £124,139 |
| 3 Month Average | 210.799 % | £91,697 | £135,197 |
| 6 Month Average | 197.419 % | £85,877 | £129,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £218,231 | £215,000 | 66 SLALEY CLOSE |
| 23 Jun 2023 | £145,260 | £143,500 | 36 SLALEY CLOSE |
| 31 Mar 2023 | £31,295 | £31,000 | 16 SLALEY CLOSE |
| 23 Sep 2021 | £169,290 | £157,100 | 138 SHERBURN WAY |
| 12 Aug 2021 | £97,059 | £87,000 | 12 SLALEY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sherburn Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sherburn Way |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Bradbury Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bradbury Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bradbury Close |