£88,359
This estimated value is based upon the latest sale price for the house of £27,950 on 7 Nov 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £27,950 | 7 Nov 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2001 the House Price Index for TYNE AND WEAR was 46.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 216.134%.Applying this 216.134% change to the original purchase price of £27,950 results in an estimated price of approximately £88,359.
| 7 Nov 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 146.7 | 216.134 % | £27,950 | £60,409 | £88,359 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | 83.616 % | £23,370 | £51,320 |
| 3 Month Average | 119.804 % | £33,485 | £61,435 |
| 6 Month Average | 101.545 % | £28,381 | £56,331 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 23 Jul 2013.
The average size of a house on MOWBRAY CLOSE is 209 sq meters (2,257 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mowbray Close |
| Mar 2024 | Anti-social behaviour | On or near Mowbray Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mowbray Close |
| Feb 2024 | Public order | Awaiting court outcome | On or near Mowbray Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mowbray Close |