£1,338,259
This estimated value is based upon the latest sale price for the house of £220,000 on 23 Oct 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £220,000 | 23 Oct 2023 |
| £180,000 | 12 Apr 2017 |
| £149,950 | 15 Dec 2003 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2023 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £220,000 results in an estimated price of approximately £1,338,259.
| 23 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £220,000 | £1,118,259 | £1,338,259 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | 144.900 % | £318,780 | £538,780 |
| 3 Month Average | 0.105 % | £231 | £220,231 |
| 6 Month Average | -8.264 % | £-18,180 | £201,819 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £280,588 | £277,000 | 5 BURLEIGH CLOSE |
| 9 Jun 2023 | £6,327 | £6,250 | 4 BOWOOD CLOSE |
| 9 Aug 2022 | £190,986 | £191,500 | 14 WILSHIRE CLOSE |
| 29 Jul 2022 | £255,688 | £255,000 | 18 KEDLESTON CLOSE |
| 26 Jul 2021 | £195,375 | £170,000 | 79 WOODHAM DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 16 Jan 2017.
The average size of a house on MANDLESTON CLOSE is 154 sq meters (1,664 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Mandleston Close | |
| Mar 2024 | Anti-social behaviour | On or near Mandleston Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Highclere Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wilshire Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wilshire Close |