£215,190
This estimated value is based upon the latest sale price for the house of £140,000 on 27 Jun 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £140,000 | 27 Jun 2014 |
| £35,000 | 9 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2014 the House Price Index for TYNE AND WEAR was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £140,000 results in an estimated price of approximately £215,190.
| 27 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £140,000 | £75,190 | £215,190 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 6.071 % | £8,498 | £148,498 |
| 3 Month Average | 11.014 % | £15,420 | £155,420 |
| 6 Month Average | 25.569 % | £35,796 | £175,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £178,116 | £175,000 | 3 ELDER GROVE |
| 1 Dec 2023 | £173,027 | £170,000 | 12 BLACKTHORN CLOSE |
| 31 Jul 2023 | £170,292 | £168,000 | 54 MAGNOLIA DRIVE |
| 27 Jul 2023 | £190,565 | £188,000 | 1 ROWAN WAY |
| 30 Jun 2023 | £177,146 | £175,000 | 131 MAGNOLIA DRIVE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 21 Apr 2015. Using an estimated price of £215,190 means this house is valued at £2,011 per sq meter (£186 per sq foot).
The average size of a house on INCHCLIFFE CRESCENT is 99 sq meters (1,070 sq feet).
This house is the largest in the street with a floor area of 107 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Kelston Way |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Blackthorn Close |
| Jan 2024 | Anti-social behaviour | On or near Blackthorn Close | |
| Jan 2024 | Anti-social behaviour | On or near Blackthorn Close | |
| Jan 2024 | Anti-social behaviour | On or near Blackthorn Close |