£154,903
This estimated value is based upon the latest sale price for the house of £93,000 on 21 Jun 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £93,000 | 21 Jun 2013 |
| £86,995 | 8 Feb 2008 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 June 2013 the House Price Index for TYNE AND WEAR was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £93,000 results in an estimated price of approximately £154,903.
| 21 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £93,000 | £61,903 | £154,903 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 35.614 % | £33,121 | £126,121 |
| 3 Month Average | 20.257 % | £18,838 | £111,838 |
| 6 Month Average | 27.185 % | £25,281 | £118,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £171,850 | £170,000 | 5 DIAMOND COURT |
| 14 Apr 2023 | £141,524 | £140,000 | 4 DIAMOND COURT |
| 3 Mar 2023 | £100,951 | £100,000 | 18 BYRNESS CLOSE |
| 31 Jan 2023 | £253,804 | £255,000 | 4 ST CUTHBERTS ROAD |
| 21 Nov 2022 | £114,118 | £115,500 | 22 HAZELDENE AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 5 Oct 2013. Using an estimated price of £154,904 means this house is valued at £1,421 per sq meter (£132 per sq foot).
The average size of a house on MALLOWBURN CRESCENT is 134 sq meters (1,452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Mallowburn Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mallowburn Crescent |
| Mar 2024 | Anti-social behaviour | On or near Mallowburn Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Mallowburn Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Mallowburn Crescent |