£71,109
This estimated value is based upon the latest sale price for the house of £57,500 on 30 Apr 2019. 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 St. Michaels Close
More crime details
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| Price Paid | Date |
|---|---|
| £57,500 | 30 Apr 2019 |
| £90,000 | 1 Oct 2010 |
| £106,950 | 30 Jun 2005 |
| £85,000 | 17 Nov 2004 |
| Flats/Maisonettes |
| Leasehold |
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 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £57,500 results in an estimated price of approximately £71,109.
| 30 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £57,500 | £13,609 | £71,109 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 10.229 % | £5,881 | £63,381 |
| 3 Month Average | 15.603 % | £8,971 | £66,471 |
| 6 Month Average | 13.469 % | £7,744 | £65,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £125,606 | £124,000 | 3 ST MICHAELS CLOSE |
| 31 Aug 2023 | £154,401 | £153,050 | 34 CROFTSWAY |
| 25 Aug 2023 | £181,589 | £180,000 | 6 MCEWAN GARDENS |
| 24 Feb 2023 | £149,899 | £150,000 | 101 BENTINCK ROAD |
| 24 Jun 2022 | £68,466 | £67,498 | 111 BENTINCK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near St. Michaels Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near St. Michaels Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near St. Michaels Close |
| Jan 2024 | Burglary | Awaiting court outcome | On or near St. Michaels Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near St. Michaels Close |