£205,627
This estimated value is based upon the latest sale price for the house of £55,500 on 25 Jun 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £55,500 | 25 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 June 2000 the House Price Index for TYNE AND WEAR was 39.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 270.499%.Applying this 270.499% change to the original purchase price of £55,500 results in an estimated price of approximately £205,627.
| 25 Jun 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 146.7 | 270.499 % | £55,500 | £150,127 | £205,627 |
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 | 201.917 % | £112,064 | £167,564 |
| 3 Month Average | 183.510 % | £101,847 | £157,347 |
| 6 Month Average | 213.561 % | £118,526 | £174,026 |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 12 Aug 2019.
The average size of a house on STAPLEFORD CLOSE is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Stapleford Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cromdale Place |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Dewley Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Birchvale Avenue |
| Feb 2024 | Shoplifting | Under investigation | On or near Birchvale Avenue |