£443,891
This estimated value is based upon the latest sale price for the house of £339,950 on 31 Mar 2017. 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 |
---|---|
£339,950 | 31 Mar 2017 |
Detached |
Leasehold |
Floor Area: 184 sq meters or 1,980 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 2017 the House Price Index for TYNE AND WEAR was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £339,950 results in an estimated price of approximately £443,891.
31 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £339,950 | £103,941 | £443,891 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | 62.856 % | £213,678 | £553,628 |
3 Month Average | 16.075 % | £54,645 | £394,595 |
6 Month Average | 3.192 % | £10,850 | £350,800 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £281,139 | £272,500 | 25 CRESTA VIEW |
25 Aug 2023 | £292,271 | £287,000 | 31 LINGFIELD |
30 Jun 2023 | £270,419 | £265,000 | 3 LINGFIELD |
28 Oct 2022 | £277,075 | £278,000 | 47 CRESTA VIEW |
11 Feb 2022 | £126,775 | £120,000 | 45 MEADOW CLOSE |
This house has a floor area of 184 sq meters or 1,980 sq feet when measured on 10 Mar 2017. Using an estimated price of £443,891 means this house is valued at £2,412 per sq meter (£224 per sq foot).
The average size of a house on CRESTA VIEW is 134 sq meters (1,450 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Cresta View | |
Apr 2024 | Anti-social behaviour | On or near Cresta View | |
Apr 2024 | Anti-social behaviour | On or near Cresta View | |
Apr 2024 | Anti-social behaviour | On or near Cresta View | |
Jul 2024 | Burglary | Under investigation | On or near Meadow Close |