£307,649
This estimated value is based upon the latest sale price for the house of £180,000 on 2 Mar 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £180,000 | 2 Mar 2012 |
| £222,500 | 29 Mar 2007 |
| £120,000 | 16 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,406 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 March 2012 the House Price Index for TYNE AND WEAR was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £180,000 results in an estimated price of approximately £307,649.
| 2 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £180,000 | £127,649 | £307,649 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 65.657 % | £118,182 | £298,182 |
| 3 Month Average | 64.772 % | £116,589 | £296,589 |
| 6 Month Average | 52.214 % | £93,985 | £273,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £248,682 | £245,000 | 9 SHIELDS ROAD |
| 22 Sep 2023 | £308,950 | £305,000 | 37 HAIG AVENUE |
| 30 Jun 2023 | £212,575 | £210,000 | 5 COTSWOLD DRIVE |
| 16 Feb 2023 | £306,794 | £307,000 | 52A HAIG AVENUE |
| 20 Nov 2020 | £237,667 | £205,000 | 12 ROKER AVENUE |
This house has a floor area of 130 sq meters or 1,406 sq feet when measured on 22 Dec 2009. Using an estimated price of £307,650 means this house is valued at £2,354 per sq meter (£218 per sq foot).
The average size of a house on HILLHEADS ROAD is 91 sq meters (982 sq feet).
This house is the largest in the street with a floor area of 130 sq meters (1,406 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near A191 |
| Apr 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near A191 |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near A191 |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near A191 |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near A191 |