£114,933
This estimated value is based upon the latest sale price for the house of £93,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £93,000 | 13 Dec 2019 |
| £98,000 | 14 Sep 2007 |
| £26,750 | 28 Oct 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £93,000 results in an estimated price of approximately £114,933.
| 13 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £93,000 | £21,933 | £114,933 |
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 | 10.170 % | £9,457 | £102,457 |
| 3 Month Average | 6.517 % | £6,061 | £99,061 |
| 6 Month Average | 7.833 % | £7,284 | £100,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £176,533 | £175,000 | 5 GIBSIDE VIEW |
| 15 Mar 2024 | £126,950 | £125,000 | 24 WINDERMERE CRESCENT |
| 20 Dec 2023 | £148,565 | £144,000 | 3 CONISTON CRESCENT |
| 16 Nov 2023 | £210,339 | £205,000 | 14 SPA WELL CLOSE |
| 21 Oct 2022 | £118,106 | £118,500 | 6 CONISTON CRESCENT |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 25 Jun 2019. Using an estimated price of £114,934 means this house is valued at £1,574 per sq meter (£146 per sq foot).
The average size of a house on WINDERMERE CRESCENT is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Windermere Crescent |
| Apr 2024 | Anti-social behaviour | On or near Windermere Crescent | |
| Apr 2024 | Anti-social behaviour | On or near Windermere Crescent | |
| Apr 2024 | Anti-social behaviour | On or near Windermere Crescent | |
| Apr 2024 | Anti-social behaviour | On or near Windermere Crescent |