£410,215
This estimated value is based upon the latest sale price for the house of £168,000 on 22 Jan 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 |
|---|---|
| £168,000 | 22 Jan 2003 |
| £105,000 | 1 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 January 2003 the House Price Index for TYNE AND WEAR was 60.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 144.176%.Applying this 144.176% change to the original purchase price of £168,000 results in an estimated price of approximately £410,215.
| 22 Jan 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 146.7 | 144.176 % | £168,000 | £242,215 | £410,215 |
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 | 184.853 % | £310,552 | £478,552 |
| 3 Month Average | 142.819 % | £239,936 | £407,936 |
| 6 Month Average | 142.374 % | £239,187 | £407,187 |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 2 Feb 2015.
The average size of a house on HILLCREST is 125 sq meters (1,349 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hillcrest |
| Jan 2024 | Anti-social behaviour | On or near East Avenue | |
| Jan 2024 | Anti-social behaviour | On or near East Avenue | |
| Jan 2024 | Anti-social behaviour | On or near East Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Holmlands Close |