£135,710
This estimated value is based upon the latest sale price for the house of £103,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £103,000 | 25 Nov 2016 |
| £127,500 | 17 Sep 2004 |
| £76,950 | 8 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 November 2016 the House Price Index for TYNE AND WEAR was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £103,000 results in an estimated price of approximately £135,710.
| 25 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £103,000 | £32,710 | £135,710 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 5.411 % | £5,573 | £108,573 |
| 3 Month Average | 10.883 % | £11,209 | £114,209 |
| 6 Month Average | 12.629 % | £13,007 | £116,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £109,623 | £108,000 | 8 RAPPERTON COURT |
| 8 Sep 2023 | £171,189 | £169,000 | 421A STAMFORDHAM ROAD |
| 4 Sep 2023 | £91,166 | £90,000 | 376 STAMFORDHAM ROAD |
| 23 Feb 2023 | £264,822 | £265,000 | 115 WHEATFIELD ROAD |
| 3 Feb 2023 | £145,902 | £146,000 | 4 PILTON WALK |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 29 Jun 2016. Using an estimated price of £135,710 means this house is valued at £2,188 per sq meter (£203 per sq foot).
The average size of a house on RAPPERTON COURT is 73 sq meters (795 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Rapperton Court | |
| Feb 2024 | Anti-social behaviour | On or near Rapperton Court | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Crispin Court |
| Dec 2023 | Anti-social behaviour | On or near Crispin Court | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Crispin Court |