£197,692
This estimated value is based upon the latest sale price for the house of £107,000 on 8 Jan 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £107,000 | 8 Jan 2009 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 January 2009 the House Price Index for TYNE AND WEAR was 81.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.760%.Applying this 84.760% change to the original purchase price of £107,000 results in an estimated price of approximately £197,692.
| 8 Jan 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.0 | 149.7 | 84.760 % | £107,000 | £90,692 | £197,692 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 81.456 % | £87,158 | £194,158 |
| 3 Month Average | 43.517 % | £46,563 | £153,563 |
| 6 Month Average | 42.817 % | £45,814 | £152,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2024 | £120,000 | £120,000 | 35 EWART CRESCENT |
| 25 Oct 2024 | £90,000 | £90,000 | 20 SIMONSIDE HALL |
| 25 Oct 2024 | £145,000 | £145,000 | 48 EWART CRESCENT |
| 15 Mar 2024 | £106,638 | £105,000 | 36 HENDERSON ROAD |
| 15 Dec 2023 | £77,378 | £75,000 | 7 WINSKELL ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 5 Dec 2008. Using an estimated price of £197,693 means this house is valued at £2,784 per sq meter (£258 per sq foot).
The average size of a house on DRUMMOND CRESCENT is 86 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Drummond Crescent |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Drummond Crescent |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Drummond Crescent |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Henderson Road |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Henderson Road |