£289,891
This estimated value is based upon the latest sale price for the house of £171,000 on 2 Sep 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £171,000 | 2 Sep 2010 |
| Semi-Detached |
| Leasehold |
| Floor Area: 91 sq meters or 985 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 September 2010 the House Price Index for TYNE AND WEAR was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £171,000 results in an estimated price of approximately £289,891.
| 2 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.527 % | £171,000 | £118,891 | £289,891 |
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 | 4.512 % | £7,714 | £178,714 |
| 3 Month Average | 11.133 % | £19,037 | £190,037 |
| 6 Month Average | 24.582 % | £42,035 | £213,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £116,728 | £115,000 | 73 DENHAM WALK |
| 22 Sep 2023 | £144,346 | £142,500 | 108 CHADDERTON DRIVE |
| 17 Jul 2023 | £167,251 | £165,000 | 104 CHADDERTON DRIVE |
| 6 Jul 2023 | £212,814 | £209,950 | 88 CHADDERTON DRIVE |
| 6 Jul 2023 | £187,524 | £185,000 | 11 DORCHESTER CLOSE |
This house has a floor area of 91 sq meters or 985 sq feet when measured on 19 May 2010. Using an estimated price of £289,891 means this house is valued at £3,165 per sq meter (£294 per sq foot).
The average size of a house on DOVER CLOSE is 137 sq meters (1,474 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Dover Close | |
| Feb 2024 | Anti-social behaviour | On or near Dover Close | |
| Dec 2023 | Public order | Under investigation | On or near Dover Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Dundee Close |
| Mar 2024 | Other theft | Under investigation | On or near Dorchester Close |