£304,902
This estimated value is based upon the latest sale price for the house of £195,000 on 19 Dec 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Hedgelea Road
More crime details
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Price Paid | Date |
---|---|
£195,000 | 19 Dec 2007 |
£93,450 | 22 Jun 2001 |
Detached |
Freehold |
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 December 2007 the House Price Index for TYNE AND WEAR was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £195,000 results in an estimated price of approximately £304,902.
19 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 149.7 | 56.360 % | £195,000 | £109,902 | £304,902 |
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 | -27.925 % | £-54,453 | £140,546 |
3 Month Average | -10.738 % | £-20,938 | £174,061 |
6 Month Average | -9.777 % | £-19,064 | £175,935 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jul 2024 | £259,250 | £259,250 | 16 HEDGELEA ROAD |
5 Sep 2023 | £194,283 | £190,000 | 22 HEDGELEA ROAD |
1 Sep 2023 | £204,457 | £199,950 | 4 MINGARY CLOSE |
4 Aug 2023 | £269,867 | £265,000 | 10 EARLS GREEN |
28 Apr 2023 | £348,519 | £342,000 | THE PADDOCK QUARRY HOUSE LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Hedgelea Road |
Apr 2024 | Burglary | Under investigation | On or near Hedgelea Road |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Pastures |
Jun 2024 | Violence and sexual offences | Under investigation | On or near The Pastures |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fieldside |