£227,264
This estimated value is based upon the latest sale price for the house of £163,000 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £163,000 | 11 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2015 the House Price Index for TYNE AND WEAR was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £163,000 results in an estimated price of approximately £227,264.
| 11 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £163,000 | £64,264 | £227,264 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | 44.254 % | £72,133 | £235,133 |
| 3 Month Average | 35.695 % | £58,182 | £221,182 |
| 6 Month Average | 17.095 % | £27,864 | £190,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £203,121 | £200,000 | 3 HALL PARK |
| 19 Dec 2023 | £242,445 | £234,995 | 30 STELLA HALL DRIVE |
| 14 Dec 2023 | £103,170 | £100,000 | 123 DERWENT WATER DRIVE |
| 11 Dec 2023 | £206,340 | £200,000 | 11 PARKLAND |
| 27 Nov 2023 | £61,563 | £60,000 | 12 STONECHAT MOUNT |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 25 Aug 2015. Using an estimated price of £227,264 means this house is valued at £2,104 per sq meter (£195 per sq foot).
The average size of a house on CROMWELL COURT is 101 sq meters (1,095 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Cowan Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Stella Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stella Lane |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stella Lane |
| Apr 2024 | Anti-social behaviour | On or near Stella Lane |