£495
This estimated value is based upon the latest sale price for the house of £400 on 17 Jul 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £400 | 17 Jul 2018 |
| Freehold |
| Floor Area: 87 sq meters or 936 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 July 2018 the House Price Index for TYNE AND WEAR was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £400 results in an estimated price of approximately £495.
| 17 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £400 | £95 | £495 |
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 | 54.671 % | £218 | £618 |
| 3 Month Average | 3.765 % | £15 | £415 |
| 6 Month Average | 12.413 % | £49 | £449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £117,048 | £115,000 | 20 MEADOW GROVE |
| 29 Jun 2023 | £182,207 | £180,000 | 25 HYLTON WALK |
| 14 Apr 2022 | £102,980 | £100,000 | 15 VICTORIA AVENUE |
| 7 Apr 2022 | £128,725 | £125,000 | 22 VICTORIA AVENUE |
| 28 Jan 2022 | £114,186 | £108,500 | 10 GRINDON AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 2 Jun 2017. Using an estimated price of £496 means this house is valued at £5 per sq meter (£0 per sq foot).
The average size of a house on DENE VIEW CRESCENT is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mount Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Victoria Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Victoria Avenue |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Victoria Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Victoria Avenue |