£766,191
This estimated value is based upon the latest sale price for the house of £460,000 on 28 Jun 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Rudby Close
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| Price Paid | Date |
|---|---|
| £460,000 | 28 Jun 2013 |
| £344,000 | 2 Mar 2007 |
| Detached |
| Freehold |
| Floor Area: 181 sq meters or 1,948 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 June 2013 the House Price Index for TYNE AND WEAR was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £460,000 results in an estimated price of approximately £766,191.
| 28 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £460,000 | £306,191 | £766,191 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | -30.876 % | £-142,028 | £317,971 |
| 3 Month Average | 16.536 % | £76,063 | £536,063 |
| 6 Month Average | 22.369 % | £102,897 | £562,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £407,026 | £401,000 | 8 MELMERBY CLOSE |
| 27 Sep 2023 | £539,903 | £533,000 | 10 WILLERBY DRIVE |
| 11 Aug 2023 | £605,295 | £600,000 | 4 SWAINBY CLOSE |
| 20 Jun 2023 | £566,867 | £560,000 | 11 MELMERBY CLOSE |
| 2 Mar 2023 | £388,662 | £385,000 | 18 WHITEBRIDGE PARKWAY |
This house has a floor area of 181 sq meters or 1,948 sq feet when measured on 13 May 2013. Using an estimated price of £766,191 means this house is valued at £4,233 per sq meter (£393 per sq foot).
The average size of a house on RUDBY CLOSE is 245 sq meters (2,637 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Rudby Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Rudby Close |
| Mar 2024 | Burglary | Under investigation | On or near Melmerby Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Melmerby Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Saxilby Drive |