£329,503
This estimated value is based upon the latest sale price for the house of £177,000 on 14 Mar 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£177,000 | 14 Mar 2005 |
£72,100 | 16 Jul 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 74 sq meters or 796 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 2005 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £177,000 results in an estimated price of approximately £329,503.
14 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.160 % | £177,000 | £152,503 | £329,503 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 53.991 % | £95,564 | £272,564 |
3 Month Average | 45.033 % | £79,708 | £256,708 |
6 Month Average | 26.688 % | £47,238 | £224,238 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £246,310 | £242,000 | 69 CHANDLER COURT ADDERSTONE CRESCENT |
31 Aug 2023 | £226,986 | £225,000 | 53 DULVERTON COURT ADDERSTONE CRESCENT |
6 Jun 2023 | £258,127 | £255,000 | 67 CHANDLER COURT ADDERSTONE CRESCENT |
28 Mar 2023 | £244,302 | £242,000 | 45 DULVERTON COURT ADDERSTONE CRESCENT |
3 Feb 2023 | £434,707 | £435,000 | FLAT 7 RANNOCH HOUSE, 10 LINDISFARNE ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 12 Dec 2019. Using an estimated price of £329,504 means this house is valued at £4,452 per sq meter (£413 per sq foot).
The average size of a house on ADDERSTONE CRESCENT is 112 sq meters (1,210 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Castleton Grove |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Castleton Grove |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glastonbury Grove |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glastonbury Grove |
Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area |