£156,062
This estimated value is based upon the latest sale price for the house of £59,950 on 28 Oct 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £59,950 | 28 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2002 the House Price Index for TYNE AND WEAR was 56.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 160.321%.Applying this 160.321% change to the original purchase price of £59,950 results in an estimated price of approximately £156,062.
| 28 Oct 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 146.7 | 160.321 % | £59,950 | £96,112 | £156,062 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 211.832 % | £126,993 | £186,943 |
| 3 Month Average | 144.339 % | £86,531 | £146,481 |
| 6 Month Average | 159.258 % | £95,475 | £155,425 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 1 Feb 2014.
The average size of a house on HILLHEADS ROAD is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near A191 |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near A191 |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near A191 |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A191 |
| Jan 2024 | Anti-social behaviour | On or near A191 |