£164,438
This estimated value is based upon the latest sale price for the house of £163,000 on 16 Aug 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £163,000 | 16 Aug 2023 |
| £140,000 | 18 Feb 2019 |
| Semi-Detached |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 August 2023 the House Price Index for TYNE AND WEAR was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £163,000 results in an estimated price of approximately £164,438.
| 16 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £163,000 | £1,438 | £164,438 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 14.732 % | £24,012 | £187,012 |
| 3 Month Average | -12.867 % | £-20,973 | £142,026 |
| 6 Month Average | -0.647 % | £-1,055 | £161,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £164,439 | £163,000 | 27 FERNDENE CRESCENT |
| 9 Jun 2023 | £131,594 | £130,000 | 42 FERNDENE CRESCENT |
| 19 Jan 2023 | £159,250 | £160,000 | 10 FERNDENE CRESCENT |
| 11 Aug 2022 | £109,655 | £109,950 | 8 FALKLAND ROAD |
| 10 Aug 2022 | £87,764 | £88,000 | 18 HAZLEDENE TERRACE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 3 May 2018. Using an estimated price of £164,439 means this house is valued at £1,661 per sq meter (£154 per sq foot).
The average size of a house on FERNDENE CRESCENT is 102 sq meters (1,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ferndene Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hazledene Terrace |
| Mar 2024 | Burglary | Under investigation | On or near Arlington Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Romford Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westwood Street |