£318,913
This estimated value is based upon the latest sale price for the house of £194,000 on 24 Sep 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 |
|---|---|
| £194,000 | 24 Sep 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 September 2013 the House Price Index for TYNE AND WEAR was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £194,000 results in an estimated price of approximately £318,913.
| 24 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £194,000 | £124,913 | £318,913 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 27.287 % | £52,937 | £246,937 |
| 3 Month Average | 20.631 % | £40,023 | £234,023 |
| 6 Month Average | 20.835 % | £40,420 | £234,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £187,524 | £185,000 | 76 HILLCREST |
| 4 Mar 2022 | £336,785 | £325,000 | 2 BRIDLE PATH |
| 20 Dec 2021 | £353,554 | £330,000 | 4 BRIDLE PATH |
| 22 Oct 2021 | £304,281 | £275,000 | 58 HILLCREST |
| 27 Sep 2021 | £305,497 | £283,500 | 22 CAIRNSIDE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 7 Mar 2013. Using an estimated price of £318,913 means this house is valued at £2,453 per sq meter (£227 per sq foot).
The average size of a house on HILLCREST is 141 sq meters (1,525 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Tilbury Gardens | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tilbury Gardens |
| Mar 2024 | Anti-social behaviour | On or near Tilbury Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Tilbury Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Tilbury Gardens |