£178,620
This estimated value is based upon the latest sale price for the house of £105,000 on 8 Oct 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£105,000 | 8 Oct 2010 |
£109,500 | 9 Nov 2007 |
£75,000 | 8 Jul 2003 |
£65,000 | 28 Nov 2002 |
£34,000 | 17 Mar 1995 |
Terraced |
Leasehold |
Floor Area: 47 sq meters or 511 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 October 2010 the House Price Index for TYNE AND WEAR was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £105,000 results in an estimated price of approximately £178,620.
8 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.4 | 148.6 | 70.115 % | £105,000 | £73,620 | £178,620 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -23.836 % | £-25,028 | £79,971 |
3 Month Average | -14.215 % | £-14,925 | £90,074 |
6 Month Average | 10.269 % | £10,782 | £115,782 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Apr 2023 | £122,317 | £121,000 | 11 RALEIGH CLOSE |
21 Oct 2022 | £136,035 | £137,500 | 8 RALEIGH CLOSE |
4 Feb 2022 | £93,334 | £89,000 | 27 ANSON CLOSE |
6 Oct 2021 | £143,842 | £130,000 | 45 VERNON CLOSE |
10 Sep 2021 | £3,328 | £3,088 | 28 RALEIGH CLOSE |
This house has a floor area of 47 sq meters or 511 sq feet when measured on 7 Oct 2008. Using an estimated price of £178,621 means this house is valued at £3,758 per sq meter (£349 per sq foot).
The average size of a house on RALEIGH CLOSE is 62 sq meters (674 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near The Captains Row |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near The Captains Row |
Jan 2024 | Violence and sexual offences | Under investigation | On or near The Captains Row |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Anson Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cook Close |