£491,041
This estimated value is based upon the latest sale price for the house of £119,950 on 29 Oct 1999. 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 |
|---|---|
| £119,950 | 29 Oct 1999 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 October 1999 the House Price Index for TYNE AND WEAR was 35.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 309.372%.Applying this 309.372% change to the original purchase price of £119,950 results in an estimated price of approximately £491,041.
| 29 Oct 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 146.7 | 309.372 % | £119,950 | £371,091 | £491,041 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 158.613 % | £190,256 | £310,206 |
| 3 Month Average | 117.778 % | £141,275 | £261,225 |
| 6 Month Average | 168.861 % | £202,549 | £322,499 |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 7 Sep 2015.
The average size of a house on ROUNDSTONE CLOSE is 135 sq meters (1,459 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Roundstone Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cawburn Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Cawburn Close |
| Feb 2024 | Other crime | Under investigation | On or near Woodchurch Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Broomlee Close |