£195,249
This estimated value is based upon the latest sale price for the house of £117,950 on 13 Dec 2006. 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 |
---|---|
£117,950 | 13 Dec 2006 |
£45,500 | 8 Jun 2001 |
£38,950 | 23 May 1996 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 680 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 2006 the House Price Index for TYNE AND WEAR was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £117,950 results in an estimated price of approximately £195,249.
13 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.8 | 148.6 | 65.536 % | £117,950 | £77,299 | £195,249 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 22.072 % | £26,033 | £143,983 |
3 Month Average | 8.997 % | £10,612 | £128,562 |
6 Month Average | 33.761 % | £39,820 | £157,770 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Mar 2023 | £113,570 | £112,500 | 12 MALTBY CLOSE |
20 Feb 2023 | £150,898 | £151,000 | 23 SHERWOOD CLOSE |
28 Oct 2022 | £140,982 | £142,500 | 32 TALBOT CLOSE |
30 Sep 2022 | £114,079 | £115,000 | 122 FOUNTAINS CLOSE |
21 Dec 2021 | £128,565 | £120,000 | 13 MALTBY CLOSE |
This house has a floor area of 63 sq meters or 680 sq feet when measured on 6 Dec 2010. Using an estimated price of £195,249 means this house is valued at £3,089 per sq meter (£287 per sq foot).
The average size of a house on TALBOT CLOSE is 77 sq meters (834 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Fatfield Road |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sherwood Close |