£147,951
This estimated value is based upon the latest sale price for the house of £81,500 on 3 Dec 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £81,500 | 3 Dec 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2008 the House Price Index for TYNE AND WEAR was 81.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.535%.Applying this 81.535% change to the original purchase price of £81,500 results in an estimated price of approximately £147,951.
| 3 Dec 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.9 | 148.6 | 81.535 % | £81,500 | £66,451 | £147,951 |
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 | 11.115 % | £9,059 | £90,559 |
| 3 Month Average | 16.374 % | £13,344 | £94,844 |
| 6 Month Average | 8.606 % | £7,013 | £88,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £119,266 | £117,500 | 11 CAMBRIDGE CRESCENT |
| 5 Aug 2022 | £117,683 | £118,000 | 8 HIGHFIELD ROAD |
| 8 Apr 2022 | £139,023 | £135,000 | 32 COLLINGWOOD DRIVE |
| 28 Jan 2022 | £126,289 | £120,000 | 12 CAMBRIDGE CRESCENT |
| 22 Dec 2021 | £102,852 | £96,000 | 60 CLAREMONT DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 24 Oct 2008. Using an estimated price of £147,951 means this house is valued at £1,999 per sq meter (£185 per sq foot).
The average size of a house on COLLINGWOOD DRIVE is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Collingwood Drive | |
| Feb 2024 | Anti-social behaviour | On or near Collingwood Drive | |
| Feb 2024 | Anti-social behaviour | On or near Collingwood Drive | |
| Apr 2024 | Other crime | Under investigation | On or near Claremont Drive |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Highfield Road |