£124,374
This estimated value is based upon the latest sale price for the house of £115,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Clifton Road
More crime details
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| Price Paid | Date |
|---|---|
| £115,000 | 19 Nov 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 £115,000 results in an estimated price of approximately £124,374.
| 19 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £115,000 | £9,374 | £124,374 |
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 % | £-26,262 | £88,737 |
| 3 Month Average | 24.766 % | £28,481 | £143,481 |
| 6 Month Average | 30.951 % | £35,593 | £150,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £121,059 | £120,000 | 24 EASTGATE GARDENS |
| 18 Aug 2023 | £110,971 | £110,000 | 4 EASTGATE GARDENS |
| 23 Jun 2023 | £162,974 | £161,000 | 31 EASTGATE GARDENS |
| 14 Jun 2023 | £106,287 | £105,000 | 23 CLOVELLY AVENUE |
| 28 Nov 2022 | £115,106 | £116,500 | 20 EASTGATE GARDENS |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 1 Sep 2021. Using an estimated price of £124,374 means this house is valued at £1,829 per sq meter (£169 per sq foot).
The average size of a house on CLIFTON ROAD is 110 sq meters (1,191 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Clifton Road |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Clifton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Clifton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Clifton Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Clifton Road |