£541,858
This estimated value is based upon the latest sale price for the house of £318,000 on 14 Dec 2012. 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 Dovestone Close
More crime details
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| Price Paid | Date |
|---|---|
| £318,000 | 14 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 December 2012 the House Price Index for TYNE AND WEAR was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £318,000 results in an estimated price of approximately £541,858.
| 14 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £318,000 | £223,858 | £541,858 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 22.460 % | £71,422 | £389,422 |
| 3 Month Average | 30.477 % | £96,917 | £414,917 |
| 6 Month Average | 12.870 % | £40,925 | £358,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £446,866 | £440,000 | 18 EDALE CLOSE |
| 15 Dec 2023 | £206,340 | £200,000 | 14 RUSHTON WAY |
| 29 Nov 2023 | £174,941 | £170,500 | 12 RUSHTON WAY |
| 24 Nov 2023 | £246,251 | £240,000 | 7 BRETTON CLOSE |
| 23 Nov 2023 | £173,402 | £169,000 | 7 RUSHTON WAY |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 6 Dec 2012. Using an estimated price of £541,858 means this house is valued at £3,898 per sq meter (£362 per sq foot).
The average size of a house on BRETTON CLOSE is 139 sq meters (1,502 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Dovestone Close | |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Dovestone Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Craggs Road |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Craggs Road |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Craggs Road |