£238,908
This estimated value is based upon the latest sale price for the house of £235,000 on 20 Apr 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Oakmere Close
More crime details
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| Price Paid | Date |
|---|---|
| £235,000 | 20 Apr 2022 |
| £41,000 | 20 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 199 sq meters or 2,142 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 April 2022 the House Price Index for TYNE AND WEAR was 144.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 1.663%.Applying this 1.663% change to the original purchase price of £235,000 results in an estimated price of approximately £238,908.
| 20 Apr 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 146.7 | 1.663 % | £235,000 | £3,908 | £238,908 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -12.573 % | £-29,545 | £205,454 |
| 3 Month Average | 18.954 % | £44,542 | £279,542 |
| 6 Month Average | 4.467 % | £10,498 | £245,498 |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 20 Apr 2019.
The average size of a house on STANLEY TERRACE is 176 sq meters (1,894 sq feet).
This house is the largest in the street with a floor area of 199 sq meters (2,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Oakmere Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Oakmere Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Oakmere Close |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |