£403,346
This estimated value is based upon the latest sale price for the house of £325,000 on 14 Dec 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £325,000 | 14 Dec 2017 |
| £174,950 | 7 Jun 2002 |
| £129,995 | 25 May 2001 |
| Detached |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £325,000 results in an estimated price of approximately £403,346.
| 14 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 146.7 | 24.107 % | £325,000 | £78,346 | £403,346 |
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 | -60.748 % | £-197,430 | £127,569 |
| 3 Month Average | 15.235 % | £49,512 | £374,512 |
| 6 Month Average | 43.933 % | £142,782 | £467,782 |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 9 Aug 2017.
The average size of a house on SKIPPER CLOSE is 176 sq meters (1,904 sq feet).
This house is the largest in the street with a floor area of 166 sq meters (1,786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Ringlet Close | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chiltern Gardens |
| Dec 2023 | Other theft | Under investigation | On or near Chiltern Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Chiltern Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hedge Close |