£140,757
This estimated value is based upon the latest sale price for the house of £88,500 on 25 May 2007. 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 Cornhill
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| Price Paid | Date |
|---|---|
| £88,500 | 25 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 538 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 2007 the House Price Index for TYNE AND WEAR was 93.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 59.048%.Applying this 59.048% change to the original purchase price of £88,500 results in an estimated price of approximately £140,757.
| 25 May 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.0 | 59.048 % | £88,500 | £52,257 | £140,757 |
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 | -34.699 % | £-30,708 | £57,791 |
| 3 Month Average | -2.651 % | £-2,346 | £86,153 |
| 6 Month Average | 18.147 % | £16,060 | £104,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £105,356 | £105,000 | 92 CORNHILL |
| 14 Aug 2023 | £58,355 | £58,000 | 19 CORSENSIDE |
| 2 Aug 2023 | £112,685 | £112,000 | 6 CORSENSIDE |
| 7 Jul 2023 | £100,904 | £99,950 | 18 EARSDON CLOSE |
| 28 Mar 2023 | £105,671 | £105,100 | 6 COLTPARK |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 12 Oct 2013. Using an estimated price of £140,757 means this house is valued at £2,815 per sq meter (£261 per sq foot).
The average size of a house on CORNHILL is 94 sq meters (1,022 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Cornhill |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cornhill |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cornhill |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cornhill |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Dayshield |