£97,110
This estimated value is based upon the latest sale price for the house of £96,000 on 15 Feb 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £96,000 | 15 Feb 2024 |
| £100,000 | 13 Apr 2015 |
| £72,000 | 21 Sep 2012 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 858 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 February 2024 the House Price Index for TYNE AND WEAR was 146.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.157%.Applying this 1.157% change to the original purchase price of £96,000 results in an estimated price of approximately £97,110.
| 15 Feb 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.6 | 1.157 % | £96,000 | £1,110 | £97,110 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -29.127 % | £-27,962 | £68,037 |
| 3 Month Average | 21.772 % | £20,900 | £116,900 |
| 6 Month Average | 1.458 % | £1,399 | £97,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £93,821 | £93,000 | 42 SPRINGFIELD PLACE |
| 31 Mar 2023 | £141,332 | £140,000 | 39 SPRINGFIELD PLACE |
| 2 Feb 2023 | £149,999 | £150,100 | 28 KELLS LANE |
| 31 Jan 2023 | £100,526 | £101,000 | 9 FLORENCE AVENUE |
| 20 Jan 2023 | £218,969 | £220,000 | 12 EGREMONT DRIVE |
This house has a floor area of 79 sq meters or 858 sq feet when measured on 27 Mar 2012.
The average size of a house on HILLSIDE PLACE is 107 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hillside Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hillside Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hillside Place |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hillside Place |
| Feb 2024 | Other crime | Under investigation | On or near Hillside Place |