£1,526,950
This estimated value is based upon the latest sale price for the house of £249,175 on 28 Jun 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£249,175 | 28 Jun 2024 |
£180,000 | 22 Jun 2018 |
Semi-Detached |
Freehold |
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 2024 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £249,175 results in an estimated price of approximately £1,526,950.
28 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 149.7 | 512.803 % | £249,175 | £1,277,775 | £1,526,950 |
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 | 9.859 % | £24,566 | £273,741 |
3 Month Average | -15.567 % | £-38,789 | £210,385 |
6 Month Average | 5.521 % | £13,757 | £262,932 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £104,607 | £103,000 | 28 DENE VIEW CRESCENT |
15 Dec 2023 | £118,646 | £115,000 | 20 MEADOW GROVE |
13 Oct 2023 | £127,905 | £125,000 | 34 FORD CRESCENT |
29 Sep 2023 | £102,254 | £100,000 | 42 FORD CRESCENT |
25 Aug 2023 | £122,204 | £120,000 | 6 FORD CRESCENT |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Floral Dene |
Jul 2024 | Other theft | Under investigation | On or near Dene View Crescent |
May 2024 | Violence and sexual offences | Under investigation | On or near Dene View Crescent |
Jun 2024 | Criminal damage and arson | Under investigation | On or near South Hylton |
Jun 2024 | Public order | Under investigation | On or near South Hylton |