£289,224
This estimated value is based upon the latest sale price for the house of £180,200 on 18 Dec 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£180,200 | 18 Dec 2013 |
Detached |
Freehold |
Floor Area: 144 sq meters or 1,550 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 2013 the House Price Index for TYNE AND WEAR was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £180,200 results in an estimated price of approximately £289,224.
18 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 148.6 | 60.502 % | £180,200 | £109,024 | £289,224 |
The Postcode Pricing Model uses changes in average sales price within the NE11 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 | -32.280 % | £-58,168 | £122,031 |
3 Month Average | 8.522 % | £15,356 | £195,556 |
6 Month Average | 66.261 % | £119,402 | £299,602 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £295,164 | £290,000 | BELGRAVIA DUNSTON BANK |
29 Sep 2023 | £298,821 | £295,000 | 34 HILLSIDE |
16 Aug 2023 | £216,897 | £215,000 | 38 HILLCREST DRIVE |
21 Jul 2023 | £297,763 | £293,755 | TREEN DUNSTON BANK |
9 Nov 2022 | £261,828 | £265,000 | 84 MOUNTSIDE GARDENS |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 18 Oct 2013. Using an estimated price of £289,224 means this house is valued at £2,008 per sq meter (£186 per sq foot).
The average size of a house on HILLCREST DRIVE is 113 sq meters (1,219 sq feet).
This house is the largest in the street with a floor area of 144 sq meters (1,550 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hillside |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Dunston Bank |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Dunston Bank |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Dunston Bank |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |