£169,183
This estimated value is based upon the latest sale price for the house of £30,000 on 21 Jun 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Hill Lane
More crime details
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| Price Paid | Date |
|---|---|
| £30,000 | 21 Jun 1996 |
| Terraced |
| 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 June 1996 the House Price Index for TYNE AND WEAR was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 463.944%.Applying this 463.944% change to the original purchase price of £30,000 results in an estimated price of approximately £169,183.
| 21 Jun 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 463.944 % | £30,000 | £139,183 | £169,183 |
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 | 83.703 % | £25,110 | £55,110 |
| 3 Month Average | 168.000 % | £50,399 | £80,399 |
| 6 Month Average | 202.846 % | £60,853 | £90,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £92,853 | £90,000 | 15 THE CEDARS |
| 1 Sep 2023 | £100,209 | £98,000 | 2 FRONT STREET WEST |
| 30 Jun 2023 | £91,330 | £89,500 | 11 ALEXANDRA TERRACE |
| 30 Jun 2023 | £183,681 | £180,000 | 2 GORDON TERRACE |
| 2 Jun 2023 | £275,521 | £270,000 | SHANGRILA |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Hill Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hill Lane |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hill Lane |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Hill Lane |
| Apr 2024 | Other theft | Under investigation | On or near Hill Lane |