£216,324
This estimated value is based upon the latest sale price for the house of £175,000 on 17 May 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 |
|---|---|
| £175,000 | 17 May 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 May 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 23.614%.Applying this 23.614% change to the original purchase price of £175,000 results in an estimated price of approximately £216,324.
| 17 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £175,000 | £41,324 | £216,324 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | 82.456 % | £144,297 | £319,297 |
| 3 Month Average | 26.699 % | £46,722 | £221,722 |
| 6 Month Average | 7.813 % | £13,673 | £188,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £222,698 | £220,000 | 167 ALSTON CRESCENT |
| 18 Mar 2022 | £173,056 | £167,000 | 136 ALSTON CRESCENT |
| 5 Nov 2021 | £392,590 | £363,000 | 100 CONISTON AVENUE |
| 14 Jul 2021 | £243,644 | £212,000 | 34 STAINTON GROVE |
| 27 Nov 2020 | £208,626 | £179,950 | 169 ALSTON CRESCENT |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 26 Oct 2018. Using an estimated price of £216,324 means this house is valued at £2,277 per sq meter (£211 per sq foot).
The average size of a house on PENRITH ROAD is 121 sq meters (1,306 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Penrith Road |
| Feb 2024 | Drugs | Under investigation | On or near Penrith Road |
| Feb 2024 | Anti-social behaviour | On or near Alston Crescent | |
| Feb 2024 | Anti-social behaviour | On or near Alston Crescent | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alston Crescent |