£90,898
This estimated value is based upon the latest sale price for the house of £80,500 on 27 Apr 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,500 | 27 Apr 2021 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 April 2021 the House Price Index for TYNE AND WEAR was 131.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 12.918%.Applying this 12.918% change to the original purchase price of £80,500 results in an estimated price of approximately £90,898.
| 27 Apr 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.6 | 12.918 % | £80,500 | £10,398 | £90,898 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -43.146 % | £-34,732 | £45,767 |
| 3 Month Average | -32.110 % | £-25,848 | £54,651 |
| 6 Month Average | -20.794 % | £-16,739 | £63,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £58,015 | £57,000 | 7 MOORE CRESCENT SOUTH |
| 24 Nov 2023 | £507,514 | £500,000 | MELROSE WARWICK DRIVE |
| 7 Jul 2023 | £70,904 | £69,950 | 10 MOORE CRESCENT SOUTH |
| 9 Jun 2023 | £60,736 | £60,000 | 9 WORDSWORTH AVENUE EAST |
| 10 Feb 2023 | £72,951 | £73,000 | 9 BURNS AVENUE NORTH |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 11 Oct 2019. Using an estimated price of £90,899 means this house is valued at £1,009 per sq meter (£93 per sq foot).
The average size of a house on HETTON ROAD is 137 sq meters (1,479 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Shakespeare Street |
| Jan 2024 | Public order | Under investigation | On or near Sancroft Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Moore Crescent South |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Moore Crescent South |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Moore Crescent South |