£78,368
This estimated value is based upon the latest sale price for the house of £63,000 on 8 Jun 2018. 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 Blackcap Close
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| Price Paid | Date |
|---|---|
| £63,000 | 8 Jun 2018 |
| £78,000 | 24 Sep 2004 |
| £39,500 | 16 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 35 sq meters or 376 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 June 2018 the House Price Index for TYNE AND WEAR was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £63,000 results in an estimated price of approximately £78,368.
| 8 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £63,000 | £15,368 | £78,368 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 49.909 % | £31,442 | £94,442 |
| 3 Month Average | 20.564 % | £12,955 | £75,955 |
| 6 Month Average | 39.155 % | £24,667 | £87,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £294,358 | £290,000 | 70 TURNSTONE DRIVE |
| 23 Jun 2023 | £303,678 | £300,000 | 4 FIELDFARE CLOSE |
| 3 Feb 2023 | £249,782 | £249,950 | 54 TURNSTONE DRIVE |
| 9 Sep 2022 | £238,077 | £240,000 | 34 TURNSTONE DRIVE |
| 12 Jul 2022 | £290,783 | £290,000 | 28 TURNSTONE DRIVE |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 29 Sep 2017. Using an estimated price of £78,368 means this house is valued at £2,239 per sq meter (£208 per sq foot).
The average size of a house on STONECHAT CLOSE is 75 sq meters (812 sq feet).
This house is the smallest in the street with a floor area of 35 sq meters (376 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Blackcap Close |
| Mar 2024 | Public order | Under investigation | On or near Turnstone Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Turnstone Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Turnstone Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Turnstone Drive |