£409,487
This estimated value is based upon the latest sale price for the house of £240,000 on 26 Apr 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £240,000 | 26 Apr 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,406 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 April 2012 the House Price Index for TYNE AND WEAR was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £240,000 results in an estimated price of approximately £409,487.
| 26 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £240,000 | £169,487 | £409,487 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 7.239 % | £17,374 | £257,374 |
| 3 Month Average | 32.633 % | £78,318 | £318,318 |
| 6 Month Average | 44.574 % | £106,977 | £346,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £262,595 | £258,000 | 96 QUEEN ALEXANDRA ROAD |
| 26 Jun 2023 | £310,764 | £307,000 | 3 CAMPVILLE |
| 31 Mar 2023 | £182,721 | £181,000 | 38 CLEVELAND ROAD |
| 21 Mar 2023 | £121,091 | £119,950 | 7 GROSVENOR MEWS GROSVENOR PLACE |
| 17 Nov 2022 | £160,061 | £162,000 | 68 QUEEN ALEXANDRA ROAD |
This house has a floor area of 130 sq meters or 1,406 sq feet when measured on 13 Oct 2011. Using an estimated price of £409,487 means this house is valued at £3,134 per sq meter (£291 per sq foot).
The average size of a house on CLEVELAND CRESCENT is 147 sq meters (1,588 sq feet).
This house is the largest in the street with a floor area of 130 sq meters (1,406 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cleveland Crescent |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cleveland Terrace |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Cleveland Terrace |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cleveland Terrace |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cleveland Road |