£254,143
This estimated value is based upon the latest sale price for the house of £197,500 on 3 May 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£197,500 | 3 May 2017 |
£197,500 | 3 May 2017 |
Detached |
Leasehold |
Floor Area: 75 sq meters or 815 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 May 2017 the House Price Index for TYNE AND WEAR was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £197,500 results in an estimated price of approximately £254,143.
3 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £197,500 | £56,643 | £254,143 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 43.642 % | £86,193 | £283,693 |
3 Month Average | 36.224 % | £71,542 | £269,042 |
6 Month Average | 29.809 % | £58,873 | £256,373 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £183,155 | £179,950 | 26 BOWLYNN CLOSE |
31 Aug 2023 | £278,436 | £276,000 | 23 NOIRMONT WAY |
19 Apr 2023 | £7,986 | £7,900 | 10 NOIRMONT WAY |
6 Mar 2023 | £42,904 | £42,500 | 17 MALTBY CLOSE |
11 Jul 2022 | £57,154 | £57,000 | 12 MALTBY CLOSE |
This house has a floor area of 75 sq meters or 815 sq feet when measured on 4 Feb 2010. Using an estimated price of £254,144 means this house is valued at £3,355 per sq meter (£311 per sq foot).
The average size of a house on BORDEAUX CLOSE is 107 sq meters (1,161 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Corbiere Close | |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Corbiere Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Maltby Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Maltby Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brenlynn Close |