£248,205
This estimated value is based upon the latest sale price for the house of £144,000 on 16 Dec 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £144,000 | 16 Dec 2011 |
| Terraced |
| Leasehold |
| Floor Area: 97 sq meters or 1,051 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 December 2011 the House Price Index for TYNE AND WEAR was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £144,000 results in an estimated price of approximately £248,205.
| 16 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £144,000 | £104,205 | £248,205 |
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 | 13.912 % | £20,033 | £164,033 |
| 3 Month Average | 19.761 % | £28,455 | £172,455 |
| 6 Month Average | 26.667 % | £38,401 | £182,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £126,878 | £125,000 | 11 BYRON COURT |
| 29 Sep 2023 | £212,720 | £210,000 | 165 HILLHEAD PARKWAY |
| 14 Aug 2023 | £145,271 | £144,000 | 143 HILLHEAD PARKWAY |
| 4 Aug 2023 | £191,626 | £189,950 | 89 HILLHEAD PARKWAY |
| 7 Jul 2023 | £223,001 | £220,000 | 63 HILLHEAD PARKWAY |
This house has a floor area of 97 sq meters or 1,051 sq feet when measured on 24 Aug 2011. Using an estimated price of £248,206 means this house is valued at £2,541 per sq meter (£236 per sq foot).
The average size of a house on FRENTON CLOSE is 126 sq meters (1,366 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Anti-social behaviour | On or near Parking Area |