£113,142
This estimated value is based upon the latest sale price for the house of £90,000 on 8 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 |
|---|---|
| £90,000 | 8 Dec 2017 |
| £90,000 | 28 Nov 2014 |
| £93,000 | 14 Dec 2007 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £90,000 results in an estimated price of approximately £113,142.
| 8 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £90,000 | £23,142 | £113,142 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 5.262 % | £4,736 | £94,736 |
| 3 Month Average | 3.649 % | £3,284 | £93,284 |
| 6 Month Average | 13.808 % | £12,426 | £102,426 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £86,277 | £85,000 | 85 FAIRSPRING |
| 10 Jul 2023 | £105,419 | £104,000 | 71 FORDMOSS WALK |
| 31 Jan 2023 | £96,545 | £97,000 | 69 FAIRSPRING |
| 14 Jul 2022 | £140,378 | £140,000 | 105 FAIRSPRING |
| 28 Apr 2022 | £97,711 | £94,884 | 63 FAIRSPRING |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 29 Aug 2014. Using an estimated price of £113,143 means this house is valued at £1,300 per sq meter (£120 per sq foot).
The average size of a house on FORDMOSS WALK is 94 sq meters (1,020 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eshott Close |
| Jan 2024 | Anti-social behaviour | On or near Eshott Close | |
| Jan 2024 | Anti-social behaviour | On or near Eshott Close | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eshott Close |
| Jan 2024 | Anti-social behaviour | On or near Eshott Close |