£176,900
This estimated value is based upon the latest sale price for the house of £153,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £153,000 | 18 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 December 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £153,000 results in an estimated price of approximately £176,900.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £153,000 | £23,900 | £176,900 |
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 | -12.568 % | £-19,229 | £133,770 |
| 3 Month Average | -9.096 % | £-13,916 | £139,083 |
| 6 Month Average | -3.039 % | £-4,649 | £148,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £210,787 | £206,000 | 15 LARNE CRESCENT |
| 30 Aug 2023 | £208,765 | £205,000 | 47 CHURCH ROAD |
| 11 Aug 2023 | £187,380 | £184,000 | 45 GLYNWOOD GARDENS |
| 24 Apr 2023 | £173,240 | £170,000 | 2 GLYNWOOD GARDENS |
| 30 Mar 2023 | £193,227 | £190,000 | 35 GLYNWOOD GARDENS |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 13 Aug 2013. Using an estimated price of £176,900 means this house is valued at £2,721 per sq meter (£252 per sq foot).
The average size of a house on LARNE CRESCENT is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Theft from the person | Under investigation | On or near Church Road |
| Jul 2024 | Anti-social behaviour | On or near Hill Top Gardens | |
| Jun 2024 | Other theft | Under investigation | On or near Hill Top Gardens |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Hill Top Gardens |
| Apr 2024 | Other crime | Under investigation | On or near Hill Top Gardens |