£194,691
This estimated value is based upon the latest sale price for the house of £125,000 on 16 May 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Hillview Grove
More crime details
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| Price Paid | Date |
|---|---|
| £125,000 | 16 May 2014 |
| 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 May 2014 the House Price Index for TYNE AND WEAR was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £125,000 results in an estimated price of approximately £194,691.
| 16 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £125,000 | £69,691 | £194,691 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -33.380 % | £-41,725 | £83,274 |
| 3 Month Average | -0.567 % | £-708 | £124,291 |
| 6 Month Average | 5.510 % | £6,887 | £131,887 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £134,750 | £132,500 | 8 HILLVIEW CRESCENT |
| 15 Feb 2023 | £189,768 | £188,500 | 23 MELROSE GARDENS |
| 24 Nov 2021 | £206,954 | £189,950 | 26 MELROSE GARDENS |
| 7 Sep 2021 | £151,980 | £140,000 | 25 MELROSE GARDENS |
| 25 Aug 2021 | £238,823 | £212,500 | HILLCREST COALEY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Hillview Grove |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Hillview Grove |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hillview Grove |
| Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Hillview Grove |
| May 2024 | Anti-social behaviour | On or near Hillview Crescent |