£219,899
This estimated value is based upon the latest sale price for the house of £204,150 on 30 Nov 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£204,150 | 30 Nov 2021 |
£189,995 | 29 Jul 2016 |
Detached |
Leasehold |
Floor Area: 93 sq meters or 1,001 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 November 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £204,150 results in an estimated price of approximately £219,899.
30 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.0 | 7.715 % | £204,150 | £15,749 | £219,899 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -41.645 % | £-85,018 | £119,131 |
3 Month Average | -14.571 % | £-29,746 | £174,403 |
6 Month Average | 6.646 % | £13,568 | £217,718 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £168,159 | £166,000 | 6 ASHGILL MEWS |
24 Mar 2023 | £287,554 | £286,000 | 20 STONEFOLD CLOSE |
30 Jun 2022 | £214,676 | £212,500 | 21 LAZONBY WAY |
25 Mar 2022 | £212,608 | £206,000 | 28 LAZONBY WAY |
30 Nov 2021 | £219,900 | £204,150 | 2 CROSSLANDS COURT |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 15 Jul 2016. Using an estimated price of £219,900 means this house is valued at £2,364 per sq meter (£219 per sq foot).
The average size of a house on CROSSLANDS COURT is 94 sq meters (1,020 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Pallinsburn Court |
Apr 2024 | Anti-social behaviour | On or near Pallinsburn Court | |
Apr 2024 | Anti-social behaviour | On or near Pallinsburn Court | |
Mar 2024 | Anti-social behaviour | On or near Pallinsburn Court | |
Mar 2024 | Anti-social behaviour | On or near Pallinsburn Court |