£518,420
This estimated value is based upon the latest sale price for the house of £283,955 on 26 May 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £283,955 | 26 May 2005 |
| £205,000 | 15 Nov 2002 |
| £99,500 | 31 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 2005 the House Price Index for TYNE AND WEAR was 80.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.571%.Applying this 82.571% change to the original purchase price of £283,955 results in an estimated price of approximately £518,420.
| 26 May 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 146.7 | 82.571 % | £283,955 | £234,465 | £518,420 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 43.906 % | £124,671 | £408,626 |
| 3 Month Average | 11.493 % | £32,633 | £316,588 |
| 6 Month Average | 20.557 % | £58,371 | £342,326 |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 26 Jul 2019.
The average size of a house on POLWARTH CRESCENT is 147 sq meters (1,585 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Polwarth Place | |
| Feb 2024 | Anti-social behaviour | On or near Polwarth Place | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fencer Hill Park |
| Mar 2024 | Burglary | Under investigation | On or near Clayworth Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Clayworth Road |