£221,786
This estimated value is based upon the latest sale price for the house of £133,950 on 26 Apr 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 |
|---|---|
| £133,950 | 26 Apr 2013 |
| £104,796 | 31 Aug 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,031 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 April 2013 the House Price Index for TYNE AND WEAR was 88.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.574%.Applying this 65.574% change to the original purchase price of £133,950 results in an estimated price of approximately £221,786.
| 26 Apr 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 146.7 | 65.574 % | £133,950 | £87,836 | £221,786 |
The Postcode Pricing Model uses changes in average sales price within the NE11 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 | 57.137 % | £76,535 | £210,485 |
| 3 Month Average | 32.506 % | £43,542 | £177,492 |
| 6 Month Average | 57.775 % | £77,389 | £211,339 |
This house has a floor area of 95 sq meters or 1,031 sq feet when measured on 9 Aug 2011.
The average size of a house on MOORMILL is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Moormill Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Moormill Court |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Chapel Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Ashvale Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ashvale Avenue |