£172,582
This estimated value is based upon the latest sale price for the house of £110,000 on 24 Aug 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £110,000 | 24 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 773 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 2007 the House Price Index for TYNE AND WEAR was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £110,000 results in an estimated price of approximately £172,582.
| 24 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £110,000 | £62,582 | £172,582 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 15.363 % | £16,899 | £126,899 |
| 3 Month Average | 8.189 % | £9,007 | £119,007 |
| 6 Month Average | 18.263 % | £20,088 | £130,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £290,805 | £286,500 | 15 LINDEN WAY |
| 20 Sep 2023 | £126,619 | £125,000 | 15 SOUTHLANDS |
| 8 Sep 2023 | £293,756 | £290,000 | 21 THE CEDARS |
| 11 Jul 2023 | £192,592 | £190,000 | 14 HAZELWOOD CLOSE |
| 28 Apr 2023 | £126,310 | £124,950 | 8 CYPRESS ROAD |
This house has a floor area of 71 sq meters or 773 sq feet when measured on 6 Oct 2009. Using an estimated price of £172,582 means this house is valued at £2,402 per sq meter (£223 per sq foot).
The average size of a house on CLEMATIS CRESCENT is 94 sq meters (1,021 sq feet).
This house is the largest in the street with a floor area of 71 sq meters (773 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Larch Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Larch Close |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Larch Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Galloping Green Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Galloping Green Road |