£212,719
This estimated value is based upon the latest sale price for the house of £210,000 on 8 Sep 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £210,000 | 8 Sep 2023 |
| £133,500 | 8 Jul 2011 |
| £145,000 | 26 Oct 2007 |
| £43,250 | 29 Feb 1996 |
| Terraced |
| Leasehold |
| Floor Area: 70 sq meters or 756 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 September 2023 the House Price Index for TYNE AND WEAR was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £210,000 results in an estimated price of approximately £212,719.
| 8 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £210,000 | £2,719 | £212,719 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -58.648 % | £-123,161 | £86,838 |
| 3 Month Average | 10.481 % | £22,010 | £232,010 |
| 6 Month Average | 11.191 % | £23,501 | £233,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £225,000 | £225,000 | 64 VALLEY CRESCENT |
| 22 Dec 2023 | £96,692 | £95,000 | 12 VALLEY CRESCENT |
| 8 Sep 2023 | £212,720 | £210,000 | 4 NESS COURT |
| 21 Mar 2023 | £184,740 | £183,000 | 29 VALLEY CRESCENT |
| 9 Jan 2023 | £135,362 | £136,000 | 32 MORGANS WAY |
This house has a floor area of 70 sq meters or 756 sq feet when measured on 8 Apr 2011. Using an estimated price of £212,720 means this house is valued at £3,025 per sq meter (£281 per sq foot).
The average size of a house on NESS COURT is 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ness Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ness Court |
| Mar 2024 | Anti-social behaviour | On or near Morgans Way | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Iris Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Iris Close |