£368,535
This estimated value is based upon the latest sale price for the house of £217,000 on 25 Mar 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £217,000 | 25 Mar 2011 |
| £235,000 | 8 Nov 2007 |
| £115,995 | 29 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,217 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 March 2011 the House Price Index for TYNE AND WEAR was 86.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.832%.Applying this 69.832% change to the original purchase price of £217,000 results in an estimated price of approximately £368,535.
| 25 Mar 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 146.7 | 69.832 % | £217,000 | £151,535 | £368,535 |
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 | 37.572 % | £81,531 | £298,531 |
| 3 Month Average | 11.963 % | £25,959 | £242,959 |
| 6 Month Average | 55.609 % | £120,672 | £337,672 |
This house has a floor area of 113 sq meters or 1,217 sq feet when measured on 29 Sep 2011.
The average size of a house on COPPERS CLOSE is 157 sq meters (1,693 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 |