£474,899
This estimated value is based upon the latest sale price for the house of £250,000 on 17 Dec 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £250,000 | 17 Dec 2004 |
| Detached |
| Freehold |
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 December 2004 the House Price Index for TYNE AND WEAR was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £250,000 results in an estimated price of approximately £474,899.
| 17 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 149.7 | 89.960 % | £250,000 | £224,899 | £474,899 |
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 | -15.154 % | £-37,884 | £212,115 |
| 3 Month Average | 8.837 % | £22,091 | £272,091 |
| 6 Month Average | 14.648 % | £36,619 | £286,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £134,750 | £132,500 | 8 HILLVIEW CRESCENT |
| 17 Nov 2022 | £89,581 | £90,000 | 7 CELLAR HILL TERRACE |
| 31 Oct 2022 | £79,734 | £80,000 | 6 CELLAR HILL TERRACE |
| 5 May 2022 | £169,414 | £165,000 | 18 HILLVIEW ROAD |
| 25 Apr 2022 | £140,052 | £135,000 | 4 SPRINGFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Greeve Mews | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Greeve Mews |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Houghton Road |
| Jul 2024 | Anti-social behaviour | On or near Hillview Road | |
| Jul 2024 | Anti-social behaviour | On or near Hillview Road |