£424,009
This estimated value is based upon the latest sale price for the house of £280,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £280,000 | 29 Aug 2014 |
| £220,000 | 29 Feb 2008 |
| Terraced |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 August 2014 the House Price Index for TYNE AND WEAR was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £280,000 results in an estimated price of approximately £424,009.
| 29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £280,000 | £144,009 | £424,009 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 66.597 % | £186,472 | £466,472 |
| 3 Month Average | 29.437 % | £82,423 | £362,423 |
| 6 Month Average | 25.779 % | £72,180 | £352,180 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £872,924 | £860,000 | 116 BEACH ROAD |
| 17 Nov 2023 | £289,283 | £285,000 | 34 NEASDON CRESCENT |
| 17 Nov 2023 | £238,531 | £235,000 | 7 WALLINGTON CLOSE |
| 26 Sep 2023 | £308,950 | £305,000 | 44 MONKHOUSE AVENUE |
| 24 Mar 2023 | £323,043 | £320,000 | 8 NEASDON CRESCENT |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 23 Jul 2013. Using an estimated price of £424,009 means this house is valued at £2,465 per sq meter (£229 per sq foot).
The average size of a house on NEASDON CRESCENT is 118 sq meters (1,279 sq feet).
This house is the largest in the street with a floor area of 172 sq meters (1,851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Campsie Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Campsie Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Campsie Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Campsie Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Campsie Crescent |