£149,023
This estimated value is based upon the latest sale price for the house of £87,500 on 30 Aug 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £87,500 | 30 Aug 2012 |
| £54,000 | 28 Oct 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 889 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 August 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £87,500 results in an estimated price of approximately £149,023.
| 30 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £87,500 | £61,523 | £149,023 |
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 | 13.204 % | £11,553 | £99,053 |
| 3 Month Average | 17.467 % | £15,284 | £102,784 |
| 6 Month Average | 34.112 % | £29,848 | £117,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £152,254 | £150,000 | 48 BINSWOOD AVENUE |
| 31 Jul 2023 | £141,910 | £140,000 | 50 MOULTON PLACE |
| 14 Mar 2023 | £167,579 | £166,000 | 45 COLWYNE PLACE |
| 2 Aug 2022 | £122,420 | £122,750 | 46 BINSWOOD AVENUE |
| 15 Jul 2022 | £120,324 | £120,000 | 7 MOULTON PLACE |
This house has a floor area of 82 sq meters or 889 sq feet when measured on 17 Feb 2012. Using an estimated price of £149,023 means this house is valued at £1,803 per sq meter (£167 per sq foot).
The average size of a house on MOULTON PLACE is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Moulton Place |
| Mar 2024 | Shoplifting | Under investigation | On or near Moulton Place |
| Mar 2024 | Shoplifting | Under investigation | On or near Moulton Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Moulton Place |
| Feb 2024 | Anti-social behaviour | On or near Moulton Place |