£119,534
This estimated value is based upon the latest sale price for the house of £97,000 on 26 Oct 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £97,000 | 26 Oct 2018 |
| £130,000 | 31 Mar 2006 |
| £130,000 | 25 Feb 2005 |
| Terraced |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £97,000 results in an estimated price of approximately £119,534.
| 26 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £97,000 | £22,534 | £119,534 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 39.081 % | £37,908 | £134,908 |
| 3 Month Average | 11.689 % | £11,338 | £108,338 |
| 6 Month Average | 10.603 % | £10,285 | £107,285 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £91,352 | £90,000 | 4 DUMBARTON CLOSE |
| 18 Aug 2023 | £161,412 | £160,000 | 60 THE BROADWAY |
| 30 Jun 2023 | £102,238 | £101,000 | 25 NAIRN CLOSE |
| 27 Jan 2023 | £3,940 | £3,959 | 25 DUMBARTON CLOSE |
| 6 Jan 2023 | £5,731 | £5,758 | 21 DUMBARTON CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 30 May 2012. Using an estimated price of £119,534 means this house is valued at £1,615 per sq meter (£150 per sq foot).
The average size of a house on NAIRN CLOSE is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Nairn Close |
| Jan 2024 | Other theft | Under investigation | On or near Nairn Close |
| Jan 2024 | Other crime | Under investigation | On or near Nairn Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Burglary | Under investigation | On or near Supermarket |