£130,693
This estimated value is based upon the latest sale price for the house of £90,000 on 12 Jun 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £90,000 | 12 Jun 2015 |
| £79,950 | 26 May 2015 |
| £46,950 | 21 Mar 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 June 2015 the House Price Index for TYNE AND WEAR was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £90,000 results in an estimated price of approximately £130,693.
| 12 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £90,000 | £40,693 | £130,693 |
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 | 33.356 % | £30,020 | £120,020 |
| 3 Month Average | 0.070 % | £63 | £90,063 |
| 6 Month Average | 3.725 % | £3,352 | £93,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £71,247 | £70,000 | 27 - 28 HINDSONS CRESCENT NORTH |
| 11 Aug 2023 | £169,483 | £168,000 | 14 HINDSONS CRESCENT NORTH |
| 10 Feb 2023 | £182,377 | £182,500 | 11 HINDSONS CRESCENT NORTH |
| 5 Aug 2022 | £117,683 | £118,000 | 8 HIGHFIELD ROAD |
| 8 Apr 2022 | £139,023 | £135,000 | 32 COLLINGWOOD DRIVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 6 Feb 2015. Using an estimated price of £130,693 means this house is valued at £1,790 per sq meter (£166 per sq foot).
The average size of a house on CLAREMONT DRIVE is 93 sq meters (1,004 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gainsborough Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gainsborough Crescent |
| Apr 2024 | Other crime | Under investigation | On or near Claremont Drive |
| Mar 2024 | Anti-social behaviour | On or near Brentwood Road | |
| Mar 2024 | Anti-social behaviour | On or near Brentwood Road |