£133,014
This estimated value is based upon the latest sale price for the house of £90,000 on 27 Feb 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £90,000 | 27 Feb 2015 |
| £64,000 | 15 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2015 the House Price Index for TYNE AND WEAR was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £90,000 results in an estimated price of approximately £133,014.
| 27 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £90,000 | £43,014 | £133,014 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 4.537 % | £4,083 | £94,083 |
| 3 Month Average | 16.539 % | £14,885 | £104,885 |
| 6 Month Average | 10.464 % | £9,417 | £99,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £98,696 | £97,500 | 34 GAINSBOROUGH CRESCENT |
| 3 Apr 2023 | £98,561 | £97,500 | 20 MILLWAY |
| 27 Jan 2023 | £144,320 | £145,000 | 68 THE AVENUE |
| 29 Nov 2022 | £109,919 | £111,250 | 63 HENDON ROAD |
| 3 Aug 2022 | £109,705 | £110,000 | 26 MILLWAY |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 19 Jun 2014. Using an estimated price of £133,015 means this house is valued at £1,662 per sq meter (£154 per sq foot).
The average size of a house on CARR HILL ROAD is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Carr Hill Road | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Carr Hill Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Carr Hill Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Carr Hill Road |
| Mar 2024 | Anti-social behaviour | On or near Carr Hill Road |