£287,141
This estimated value is based upon the latest sale price for the house of £265,500 on 15 Nov 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £265,500 | 15 Nov 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 November 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £265,500 results in an estimated price of approximately £287,141.
| 15 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £265,500 | £21,641 | £287,141 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | -22.837 % | £-60,632 | £204,867 |
| 3 Month Average | 24.766 % | £65,754 | £331,254 |
| 6 Month Average | 30.951 % | £82,175 | £347,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £195,000 | £195,000 | 120 SUTHERLAND AVENUE |
| 25 Apr 2023 | £195,101 | £193,000 | 138 SUTHERLAND AVENUE |
| 24 Feb 2023 | £109,926 | £110,000 | 68 SEVERUS ROAD |
| 7 Jul 2022 | £270,729 | £270,000 | 36 NUNS MOOR CRESCENT |
| 30 Jun 2022 | £81,147 | £80,000 | 82 SEVERUS ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 8 Jul 2021. Using an estimated price of £287,142 means this house is valued at £2,496 per sq meter (£231 per sq foot).
The average size of a house on NUNS MOOR CRESCENT is 153 sq meters (1,652 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nuns Moor Crescent |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nuns Moor Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Nuns Moor Road |
| Dec 2023 | Other crime | Under investigation | On or near Nuns Moor Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Sutherland Avenue |