£224,342
This estimated value is based upon the latest sale price for the house of £168,500 on 19 Aug 2016. 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 |
|---|---|
| £168,500 | 19 Aug 2016 |
| Semi-Detached |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 August 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £168,500 results in an estimated price of approximately £224,342.
| 19 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £168,500 | £55,842 | £224,342 |
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 | -1.668 % | £-2,810 | £165,689 |
| 3 Month Average | 1.907 % | £3,213 | £171,713 |
| 6 Month Average | 21.835 % | £36,791 | £205,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2023 | £253,015 | £249,950 | 61 CAYTON GROVE |
| 31 Mar 2023 | £170,607 | £169,000 | 10 CAYTON GROVE |
| 1 Jun 2022 | £204,896 | £202,000 | 7 CHESHAM GARDENS |
| 1 Apr 2022 | £283,195 | £275,000 | 9 COTTER RIGGS PLACE |
| 22 Dec 2021 | £176,777 | £165,000 | 75 CHADDERTON DRIVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 22 Jul 2016. Using an estimated price of £224,342 means this house is valued at £2,839 per sq meter (£263 per sq foot).
The average size of a house on COTTER RIGGS PLACE is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Chudleigh Gardens | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Chudleigh Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Minster Grove |
| Mar 2024 | Anti-social behaviour | On or near Canonsfleld Close | |
| Mar 2024 | Anti-social behaviour | On or near Canonsfleld Close |