£206,954
This estimated value is based upon the latest sale price for the house of £189,950 on 24 Nov 2021. 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 |
---|---|
£189,950 | 24 Nov 2021 |
£155,000 | 18 Aug 2014 |
£155,000 | 18 Aug 2014 |
Semi-Detached |
Leasehold |
Floor Area: 142 sq meters or 1,528 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 November 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £189,950 results in an estimated price of approximately £206,954.
24 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £189,950 | £17,004 | £206,954 |
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 | -25.978 % | £-49,345 | £140,604 |
3 Month Average | -7.726 % | £-14,676 | £175,273 |
6 Month Average | -10.278 % | £-19,523 | £170,426 |
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 |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 18 Jun 2021. Using an estimated price of £206,954 means this house is valued at £1,457 per sq meter (£135 per sq foot).
The average size of a house on MELROSE GARDENS is 92 sq meters (999 sq feet).
This house is the largest in the street with a floor area of 142 sq meters (1,528 sq feet).
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 | Possession of weapons | Awaiting court outcome | On or near Hillview Grove |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hillview Grove |
May 2024 | Anti-social behaviour | On or near Hillview Crescent |