£766,265
This estimated value is based upon the latest sale price for the house of £127,600 on 10 Nov 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £127,600 | 10 Nov 2023 |
| £100,000 | 1 Jul 2015 |
| £50,500 | 8 May 1998 |
| £47,950 | 28 Feb 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2023 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £127,600 results in an estimated price of approximately £766,265.
| 10 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £127,600 | £638,665 | £766,265 |
The Postcode Pricing Model uses changes in average sales price within the NE35 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 | 47.727 % | £60,900 | £188,500 |
| 3 Month Average | 166.444 % | £212,382 | £339,982 |
| 6 Month Average | 87.150 % | £111,202 | £238,802 |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 19 Apr 2014.
The average size of a house on ALDERLEY CLOSE is 101 sq meters (1,090 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shipton Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edgeworth Close |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Fawley Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church View |
| Jan 2024 | Public order | Under investigation | On or near Crudwell Close |