£101,317
This estimated value is based upon the latest sale price for the house of £89,000 on 7 May 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £89,000 | 7 May 2021 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2021 the House Price Index for TYNE AND WEAR was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £89,000 results in an estimated price of approximately £101,317.
| 7 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £89,000 | £12,317 | £101,317 |
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 | 22.363 % | £19,903 | £108,903 |
| 3 Month Average | 37.218 % | £33,124 | £122,124 |
| 6 Month Average | 6.300 % | £5,606 | £94,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £85,745 | £85,000 | 22 CLEEVE COURT |
| 15 Dec 2023 | £152,692 | £148,000 | 39 BEDE CRESCENT |
| 30 Nov 2023 | £174,428 | £170,000 | 51 BEDE CRESCENT |
| 3 Nov 2023 | £159,037 | £155,000 | 4 BEDE CRESCENT |
| 29 Sep 2023 | £122,705 | £120,000 | 5 DENE COURT |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 21 Aug 2020. Using an estimated price of £101,318 means this house is valued at £1,250 per sq meter (£116 per sq foot).
The average size of a house on CLEEVE COURT is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cleeve Court |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cleeve Court |
| Jul 2024 | Anti-social behaviour | On or near Cleeve Court | |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cleeve Court |
| Jul 2024 | Anti-social behaviour | On or near Cleeve Court |