£183,706
This estimated value is based upon the latest sale price for the house of £106,000 on 24 Jun 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£106,000 | 24 Jun 2011 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 697 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 2011 the House Price Index for TYNE AND WEAR was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £106,000 results in an estimated price of approximately £183,706.
24 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 148.6 | 73.308 % | £106,000 | £77,706 | £183,706 |
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 | 7.555 % | £8,008 | £114,008 |
3 Month Average | 5.483 % | £5,812 | £111,812 |
6 Month Average | 6.295 % | £6,672 | £112,672 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £133,760 | £132,500 | 8 HILLVIEW CRESCENT |
15 Feb 2023 | £188,373 | £188,500 | 23 MELROSE GARDENS |
5 May 2022 | £168,169 | £165,000 | 18 HILLVIEW ROAD |
23 Feb 2022 | £370,189 | £353,000 | SOUTH FARM HOUGHTON ROAD |
24 Nov 2021 | £205,434 | £189,950 | 26 MELROSE GARDENS |
This house has a floor area of 64 sq meters or 697 sq feet when measured on 3 Mar 2011. Using an estimated price of £183,706 means this house is valued at £2,836 per sq meter (£263 per sq foot).
The average size of a house on COALEY LANE is 102 sq meters (1,100 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hillview Grove |
Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Hillview Grove |
Apr 2024 | Anti-social behaviour | On or near Hillview Road | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bickington Court |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greeve Mews |