£73,649
This estimated value is based upon the latest sale price for the house of £73,000 on 18 Dec 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£73,000 | 18 Dec 2024 |
£50,000 | 3 Sep 2003 |
£27,250 | 22 Oct 1999 |
£27,000 | 3 Feb 1995 |
Freehold |
Floor Area: 60 sq meters or 645 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 2024 the House Price Index for TYNE AND WEAR was 101.1.
The House Price Index as of 1 Apr 2025 is 102.0 which is a change of 0.890%.Applying this 0.890% change to the original purchase price of £73,000 results in an estimated price of approximately £73,649.
18 Dec 2024 | 1 Apr 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 102.0 | 0.890 % | £73,000 | £649 | £73,649 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -13.974 % | £-10,201 | £62,798 |
3 Month Average | 16.351 % | £11,935 | £84,935 |
6 Month Average | 3.313 % | £2,418 | £75,418 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 20 Dec 2013.
The average size of a house on THORNCLIFFE PLACE is 65 sq meters (709 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Vehicle crime | Under investigation | On or near Thorncliffe Place |
Jan 2025 | Drugs | Offender given a caution | On or near Thorncliffe Place |
Apr 2025 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
Apr 2025 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
Apr 2025 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |