£348,125
This estimated value is based upon the latest sale price for the house of £281,500 on 24 Apr 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £281,500 | 24 Apr 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £281,500 results in an estimated price of approximately £348,125.
| 24 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £281,500 | £66,625 | £348,125 |
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 | 15.813 % | £44,514 | £326,014 |
| 3 Month Average | 18.712 % | £52,675 | £334,175 |
| 6 Month Average | 19.076 % | £53,699 | £335,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £415,310 | £410,000 | 11 THE CRESCENT |
| 27 Jul 2023 | £131,774 | £130,000 | 37 JESMOND TERRACE |
| 28 Apr 2023 | £128,382 | £127,000 | 25 JESMOND TERRACE |
| 24 Mar 2023 | £363,424 | £360,000 | 25 THE CRESCENT |
| 31 Jan 2023 | £132,376 | £133,000 | 45 JESMOND TERRACE |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 12 Oct 2018. Using an estimated price of £348,125 means this house is valued at £2,504 per sq meter (£232 per sq foot).
The average size of a house on PLESSEY CRESCENT is 118 sq meters (1,273 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Other crime | Under investigation | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Anti-social behaviour | On or near Parking Area |