£134,646
This estimated value is based upon the latest sale price for the house of £54,950 on 7 Feb 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £54,950 | 7 Feb 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 February 2003 the House Price Index for TYNE AND WEAR was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £54,950 results in an estimated price of approximately £134,646.
| 7 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 148.6 | 145.035 % | £54,950 | £79,696 | £134,646 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 31.471 % | £17,293 | £72,243 |
| 3 Month Average | 73.946 % | £40,633 | £95,583 |
| 6 Month Average | 73.057 % | £40,144 | £95,094 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £106,360 | £105,000 | 21 FOUNTAINS CRESCENT |
| 24 Aug 2023 | £76,671 | £76,000 | 14 BLIND LANE |
| 16 Mar 2023 | £119,122 | £118,000 | 1 STONELEIGH CLOSE |
| 28 Feb 2023 | £69,953 | £70,000 | 64 ABBEY DRIVE |
| 3 Feb 2023 | £229,845 | £230,000 | 27 BUTTERCUP LANE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 22 Oct 2014. Using an estimated price of £134,647 means this house is valued at £1,602 per sq meter (£148 per sq foot).
The average size of a house on FOUNTAINS CRESCENT is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Byland Close | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Byland Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fountains Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fountains Crescent |
| Mar 2024 | Robbery | Under investigation | On or near Abbey Drive |