£105,011
This estimated value is based upon the latest sale price for the house of £36,500 on 31 May 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £36,500 | 31 May 2002 |
| £31,950 | 26 Oct 2001 |
| £30,995 | 2 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 2002 the House Price Index for TYNE AND WEAR was 51.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 187.701%.Applying this 187.701% change to the original purchase price of £36,500 results in an estimated price of approximately £105,011.
| 31 May 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 146.7 | 187.701 % | £36,500 | £68,511 | £105,011 |
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 | 135.005 % | £49,276 | £85,776 |
| 3 Month Average | 145.526 % | £53,116 | £89,616 |
| 6 Month Average | 171.393 % | £62,558 | £99,058 |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 31 May 2011.
The average size of a house on AMBERGATE CLOSE is 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ambergate Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Ambergate Close |