£335,467
This estimated value is based upon the latest sale price for the house of £110,000 on 3 May 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Cross Villa Place No 3
More crime details
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Price Paid | Date |
---|---|
£110,000 | 3 May 2002 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,044 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 2002 the House Price Index for TYNE AND WEAR was 34.2.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 204.971%.Applying this 204.971% change to the original purchase price of £110,000 results in an estimated price of approximately £335,467.
3 May 2002 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.2 | 104.3 | 204.971 % | £110,000 | £225,467 | £335,467 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 206.507 % | £227,157 | £337,157 |
3 Month Average | 293.652 % | £323,017 | £433,017 |
6 Month Average | 234.861 % | £258,346 | £368,346 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Feb 2025 | £695,672 | £685,000 | 1 GREENFIELD PLACE |
11 Oct 2024 | £137,538 | £132,000 | FLAT 1 180 WESTGATE ROAD |
1 Dec 2023 | £182,606 | £170,000 | FLAT 2 180 WESTGATE ROAD |
22 Sep 2023 | £765,505 | £720,000 | 2 GREENFIELD PLACE |
13 Jun 2023 | £291,193 | £275,000 | 2 SUMMERHILL GROVE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 28 Sep 2018. Using an estimated price of £335,468 means this house is valued at £3,458 per sq meter (£321 per sq foot).
The average size of a house on WESTGATE ROAD is 93 sq meters (1,006 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2025 | Burglary | Under investigation | On or near Cross Villa Place No 3 |
Apr 2025 | Robbery | Investigation complete; no suspect identified | On or near Cross Villa Place No 3 |
Jan 2025 | Anti-social behaviour | On or near Cross Villa Place No 3 | |
Jan 2025 | Anti-social behaviour | On or near Cross Villa Place No 3 | |
Jan 2025 | Anti-social behaviour | On or near Cross Villa Place No 3 |