£295,896
This estimated value is based upon the latest sale price for the house of £170,000 on 30 Sep 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £170,000 | 30 Sep 2011 |
| £67,500 | 30 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 997 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 September 2011 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £170,000 results in an estimated price of approximately £295,896.
| 30 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £170,000 | £125,896 | £295,896 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 67.387 % | £114,558 | £284,558 |
| 3 Month Average | 55.142 % | £93,741 | £263,741 |
| 6 Month Average | 43.917 % | £74,658 | £244,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £255,932 | £252,000 | 25 CRESSWELL CLOSE |
| 15 Dec 2023 | £277,563 | £269,034 | 13 ARCOT DRIVE |
| 17 Nov 2023 | £302,683 | £295,000 | 21 BURNT HOUSE ROAD |
| 30 Mar 2023 | £325,435 | £320,000 | 1 BEAMISH COURT |
| 22 Feb 2023 | £302,017 | £300,000 | 7 GRINDON CLOSE |
This house has a floor area of 92 sq meters or 997 sq feet when measured on 9 Mar 2011. Using an estimated price of £295,897 means this house is valued at £3,191 per sq meter (£296 per sq foot).
The average size of a house on ARCOT AVENUE is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Grindon Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cresswell Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cresswell Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Cresswell Close |
| Oct 2024 | Bicycle theft | Under investigation | On or near Seatonville Road |