£422,294
This estimated value is based upon the latest sale price for the house of £245,000 on 12 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 |
---|---|
£245,000 | 12 Dec 2011 |
Detached |
Freehold |
Floor Area: 109 sq meters or 1,178 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 £245,000 results in an estimated price of approximately £422,294.
12 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.365 % | £245,000 | £177,294 | £422,294 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 34.957 % | £85,644 | £330,644 |
3 Month Average | 25.444 % | £62,338 | £307,338 |
6 Month Average | 43.225 % | £105,901 | £350,901 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £234,471 | £231,000 | 93 RICHMOND AVENUE |
23 Nov 2023 | £938,900 | £925,000 | CHANTRY HOUSE VILLAGE LANE |
28 Apr 2023 | £399,299 | £395,000 | 18 LIBERTY GREEN |
12 Aug 2022 | £194,477 | £195,000 | 36 RICHMOND AVENUE |
11 Mar 2022 | £56,994 | £55,000 | 4 MUSGRAVE TERRACE |
This house has a floor area of 109 sq meters or 1,178 sq feet when measured on 6 Apr 2011. Using an estimated price of £422,294 means this house is valued at £3,856 per sq meter (£358 per sq foot).
The average size of a house on AUTUMN CLOSE is 154 sq meters (1,659 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Autumn Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Autumn Close |
Dec 2023 | Shoplifting | Under investigation | On or near Autumn Close |
Mar 2024 | Drugs | Under investigation | On or near Liberty Green |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Liberty Green |