£256,895
This estimated value is based upon the latest sale price for the house of £205,000 on 8 Jun 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£205,000 | 8 Jun 2018 |
£205,000 | 8 Jun 2018 |
£55,000 | 3 Feb 1995 |
Freehold |
Floor Area: 135 sq meters or 1,453 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 2018 the House Price Index for TYNE AND WEAR was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £205,000 results in an estimated price of approximately £256,895.
8 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £205,000 | £51,895 | £256,895 |
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 | -34.625 % | £-70,981 | £134,018 |
3 Month Average | 15.645 % | £32,071 | £237,071 |
6 Month Average | 10.460 % | £21,442 | £226,442 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £176,533 | £175,000 | 62 REDLANDS |
7 Dec 2023 | £174,358 | £169,000 | 4 ELLIOTT CLOSE |
20 Oct 2023 | £182,137 | £178,000 | 6 THORNTON CLOSE |
19 Sep 2023 | £137,021 | £134,000 | 5 DALTON WAY |
25 Aug 2023 | £148,631 | £145,950 | 52 WHITEFIELD CRESCENT |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 13 Jul 2012. Using an estimated price of £256,896 means this house is valued at £1,902 per sq meter (£176 per sq foot).
The average size of a house on WHITEFIELD CRESCENT is 87 sq meters (940 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whitefield Crescent |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elliot Close |
Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Thirkeld Place |
Jul 2024 | Other theft | Awaiting court outcome | On or near Thirkeld Place |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Thirkeld Place |