£209,492
This estimated value is based upon the latest sale price for the house of £170,000 on 8 Oct 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £170,000 | 8 Oct 2018 |
| £169,950 | 6 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £170,000 results in an estimated price of approximately £209,492.
| 8 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £170,000 | £39,492 | £209,492 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 46.043 % | £78,273 | £248,273 |
| 3 Month Average | 23.770 % | £40,408 | £210,408 |
| 6 Month Average | 15.067 % | £25,613 | £195,613 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £230,097 | £227,000 | 33 CLOVERHILL DRIVE |
| 28 Jul 2023 | £278,752 | £275,000 | 24 CLOVERHILL DRIVE |
| 3 Jul 2023 | £143,937 | £142,000 | 168 KEPIER CHARE |
| 27 Jun 2023 | £227,759 | £225,000 | 121 KEPIER CHARE |
| 25 Nov 2022 | £461,164 | £466,750 | 2 LAUREL WAY |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 22 Sep 2014. Using an estimated price of £209,493 means this house is valued at £2,756 per sq meter (£256 per sq foot).
The average size of a house on CATKIN WALK is 94 sq meters (1,017 sq feet).
This house is the largest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Awaiting court outcome | On or near Meadowfield Crescent |
| Mar 2024 | Anti-social behaviour | On or near Meadowfield Crescent | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadowfield Crescent |
| Mar 2024 | Public order | Under investigation | On or near Meadowfield Crescent |
| Mar 2024 | Other theft | Awaiting court outcome | On or near Meadowfield Crescent |