£127,162
This estimated value is based upon the latest sale price for the house of £96,000 on 14 Oct 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 |
|---|---|
| £96,000 | 14 Oct 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 October 2016 the House Price Index for TYNE AND WEAR was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £96,000 results in an estimated price of approximately £127,162.
| 14 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £96,000 | £31,162 | £127,162 |
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 | 21.671 % | £20,804 | £116,804 |
| 3 Month Average | 11.511 % | £11,050 | £107,050 |
| 6 Month Average | 12.761 % | £12,250 | £108,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £116,728 | £115,000 | 73 DENHAM WALK |
| 10 Nov 2023 | £197,930 | £195,000 | 8 COLDSIDE GARDENS |
| 29 Sep 2023 | £212,720 | £210,000 | 165 HILLHEAD PARKWAY |
| 14 Aug 2023 | £145,271 | £144,000 | 143 HILLHEAD PARKWAY |
| 3 Feb 2023 | £149,849 | £149,950 | 43 DENHAM WALK |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 13 Apr 2016. Using an estimated price of £127,162 means this house is valued at £2,192 per sq meter (£203 per sq foot).
There is one other house on the street which we know the size of, this is 4 DICKENS WALK it is 57.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Dulverston Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Dulverston Close |
| Feb 2024 | Anti-social behaviour | On or near Dover Close | |
| Feb 2024 | Anti-social behaviour | On or near Dover Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Dundee Close |