£181,071
This estimated value is based upon the latest sale price for the house of £107,500 on 5 Apr 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £107,500 | 5 Apr 2012 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 932 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 2012 the House Price Index for TYNE AND WEAR was 87.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.438%.Applying this 68.438% change to the original purchase price of £107,500 results in an estimated price of approximately £181,071.
| 5 Apr 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 146.7 | 68.438 % | £107,500 | £73,571 | £181,071 |
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 | 28.296 % | £30,417 | £137,917 |
| 3 Month Average | 33.926 % | £36,470 | £143,970 |
| 6 Month Average | 34.830 % | £37,441 | £144,941 |
This house has a floor area of 86 sq meters or 932 sq feet when measured on 15 Jul 2011.
The average size of a house on CAERNARVON CLOSE is 126 sq meters (1,358 sq feet).
This house is the smallest in the street with a floor area of 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Caernarvon Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Caernarvon Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Caernarvon Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Brecon Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Felthorpe Court |