£161,885
This estimated value is based upon the latest sale price for the house of £94,950 on 13 May 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£94,950 | 13 May 2011 |
£83,000 | 4 Nov 2005 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 757 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 2011 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.496%.Applying this 70.496% change to the original purchase price of £94,950 results in an estimated price of approximately £161,885.
13 May 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 146.7 | 70.496 % | £94,950 | £66,935 | £161,885 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 26.898 % | £25,539 | £120,489 |
3 Month Average | 13.631 % | £12,942 | £107,892 |
6 Month Average | 22.375 % | £21,244 | £116,194 |
This house has a floor area of 70 sq meters or 757 sq feet when measured on 22 Oct 2010.
The average size of a house on MONTROSE CRESCENT is 80 sq meters (867 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Strathmore Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Strathmore Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Esk Street |
Mar 2024 | Anti-social behaviour | On or near Esk Street | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Esk Street |