£180,348
This estimated value is based upon the latest sale price for the house of £114,950 on 15 Aug 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £114,950 | 15 Aug 2007 |
| Semi-Detached |
| 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 2007 the House Price Index for TYNE AND WEAR was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £114,950 results in an estimated price of approximately £180,348.
| 15 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £114,950 | £65,398 | £180,348 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 15.363 % | £17,659 | £132,609 |
| 3 Month Average | 8.189 % | £9,412 | £124,362 |
| 6 Month Average | 18.263 % | £20,993 | £135,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £40,711 | £39,999 | 2 WILLERBY COURT |
| 15 Dec 2023 | £100,254 | £98,500 | 22 DISHFORTH GREEN |
| 14 Sep 2023 | £92,179 | £91,000 | 18 KILBURN GREEN |
| 8 Sep 2023 | £48,622 | £48,000 | 44 WILLERBY COURT |
| 18 Aug 2023 | £116,015 | £115,000 | 21 TOPCLIFFE GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Richmond Close | |
| Mar 2024 | Anti-social behaviour | On or near Richmond Close | |
| Mar 2024 | Bicycle theft | Under investigation | On or near Richmond Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Richmond Close |
| Mar 2024 | Other crime | Under investigation | On or near Richmond Close |