£235,316
This estimated value is based upon the latest sale price for the house of £235,000 on 20 Dec 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £235,000 | 20 Dec 2022 |
| £186,000 | 14 Jun 2007 |
| £186,000 | 14 Jun 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2022 the House Price Index for TYNE AND WEAR was 148.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.135%.Applying this 0.135% change to the original purchase price of £235,000 results in an estimated price of approximately £235,316.
| 20 Dec 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 148.6 | 0.135 % | £235,000 | £316 | £235,316 |
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 | -4.700 % | £-11,045 | £223,954 |
| 3 Month Average | -4.597 % | £-10,803 | £224,196 |
| 6 Month Average | -1.437 % | £-3,377 | £231,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £141,236 | £140,000 | 4 DEREHAM COURT |
| 16 Jun 2023 | £187,268 | £185,000 | 36 DEREHAM COURT |
| 21 Apr 2023 | £192,068 | £190,000 | 11 HICKLING COURT |
| 26 May 2022 | £226,263 | £222,000 | 65 OULTON CLOSE |
| 25 Apr 2022 | £252,301 | £245,000 | 16 HICKLING COURT |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 29 Nov 2013.
The average size of a house on OULTON CLOSE is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oulton Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wensley Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dereham Court |
| Jan 2024 | Anti-social behaviour | On or near Dereham Court | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dereham Court |