£73,602
This estimated value is based upon the latest sale price for the house of £55,000 on 2 Sep 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £55,000 | 2 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 September 2016 the House Price Index for TYNE AND WEAR was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £55,000 results in an estimated price of approximately £73,602.
| 2 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £55,000 | £18,602 | £73,602 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 41.566 % | £22,861 | £77,861 |
| 3 Month Average | 13.154 % | £7,234 | £62,234 |
| 6 Month Average | 20.558 % | £11,307 | £66,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £154,755 | £150,000 | 8 PENDLE GREEN |
| 8 Dec 2023 | £139,280 | £135,000 | 9 HAWARDEN CRESCENT |
| 4 Aug 2023 | £93,690 | £92,000 | 28 GENERAL GRAHAM STREET |
| 1 Aug 2023 | £91,653 | £90,000 | 19 HAWARDEN CRESCENT |
| 23 Jun 2023 | £132,658 | £130,000 | 18 QUEENS CRESCENT |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 14 Jan 2016. Using an estimated price of £73,602 means this house is valued at £994 per sq meter (£92 per sq foot).
The average size of a house on HAWARDEN CRESCENT is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oaklands Terrace |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Oaklands Terrace |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Oaklands Terrace |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Oaklands Terrace |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pendle Green |