£127,528
This estimated value is based upon the latest sale price for the house of £110,000 on 13 Nov 2020. 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 Brecon Close
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| Price Paid | Date |
|---|---|
| £110,000 | 13 Nov 2020 |
| £78,500 | 30 Apr 2010 |
| £34,000 | 12 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2020 the House Price Index for TYNE AND WEAR was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £110,000 results in an estimated price of approximately £127,528.
| 13 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £110,000 | £17,528 | £127,528 |
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 | -1.010 % | £-1,111 | £108,888 |
| 3 Month Average | -1.933 % | £-2,126 | £107,873 |
| 6 Month Average | 1.403 % | £1,543 | £111,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2022 | £99,891 | £97,000 | 28 HAGGERSTON COURT |
| 1 Apr 2022 | £87,533 | £85,000 | 18 HAGGERSTON COURT |
| 28 Feb 2022 | £106,128 | £101,200 | 10 LAMPETER CLOSE |
| 25 Feb 2022 | £188,765 | £180,000 | 3 REEDHAM COURT |
| 31 Jan 2022 | £142,075 | £135,000 | 1 RHUDDLAN COURT |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 22 Feb 2020. Using an estimated price of £127,529 means this house is valued at £1,536 per sq meter (£142 per sq foot).
The average size of a house on RHUDDLAN COURT is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Brecon Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Shearwater Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shearwater Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Shearwater Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tredegar Close |