£320,534
This estimated value is based upon the latest sale price for the house of £218,000 on 15 May 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £218,000 | 15 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 May 2015 the House Price Index for TYNE AND WEAR was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £218,000 results in an estimated price of approximately £320,534.
| 15 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £218,000 | £102,534 | £320,534 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 10.585 % | £23,075 | £241,075 |
| 3 Month Average | 17.962 % | £39,158 | £257,158 |
| 6 Month Average | 14.624 % | £31,879 | £249,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £291,475 | £288,944 | 44 NUNS MOOR ROAD |
| 22 Mar 2024 | £253,901 | £250,000 | 56 NUNS MOOR ROAD |
| 19 Dec 2023 | £309,511 | £300,000 | 81 NUNS MOOR ROAD |
| 22 Sep 2023 | £311,875 | £305,000 | 37 - 39 NUNS MOOR ROAD |
| 22 Jul 2022 | £252,530 | £250,000 | 40 CURTIS ROAD |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 19 Aug 2014. Using an estimated price of £320,535 means this house is valued at £2,165 per sq meter (£201 per sq foot).
The average size of a house on NUNS MOOR ROAD is 117 sq meters (1,267 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Curtis Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Curtis Road |
| Apr 2024 | Anti-social behaviour | On or near Curtis Road | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Curtis Road |
| Apr 2024 | Anti-social behaviour | On or near Curtis Road |