£376,311
This estimated value is based upon the latest sale price for the house of £237,496 on 13 Dec 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£237,496 | 13 Dec 2013 |
Detached |
Freehold |
Floor Area: 126 sq meters or 1,356 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 2013 the House Price Index for TYNE AND WEAR was 92.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 58.450%.Applying this 58.450% change to the original purchase price of £237,496 results in an estimated price of approximately £376,311.
13 Dec 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 146.7 | 58.450 % | £237,496 | £138,815 | £376,311 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | -11.667 % | £-27,709 | £209,786 |
3 Month Average | 15.292 % | £36,317 | £273,813 |
6 Month Average | 17.914 % | £42,545 | £280,041 |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 7 Sep 2012.
The average size of a house on MILLER CLOSE is 103 sq meters (1,112 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Miller Street |
Mar 2024 | Other crime | Under investigation | On or near Poplar Grove |
Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Poplar Grove |
Jan 2024 | Public order | Under investigation | On or near Poplar Grove |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Poplar Grove |