£224,521
This estimated value is based upon the latest sale price for the house of £165,000 on 24 Mar 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 |
|---|---|
| £165,000 | 24 Mar 2016 |
| Terraced |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 March 2016 the House Price Index for TYNE AND WEAR was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £165,000 results in an estimated price of approximately £224,521.
| 24 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £165,000 | £59,521 | £224,521 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 41.671 % | £68,756 | £233,756 |
| 3 Month Average | 53.404 % | £88,116 | £253,116 |
| 6 Month Average | 36.659 % | £60,486 | £225,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £204,508 | £200,000 | 67 DENE CRESCENT |
| 9 Aug 2023 | £183,306 | £180,000 | 8 HOLBURN WAY |
| 28 Apr 2023 | £208,907 | £205,000 | 10 HOLBURN WAY |
| 17 Apr 2023 | £251,708 | £247,000 | 3 HOLBURN WAY |
| 10 Feb 2023 | £231,547 | £230,000 | 59 DENE CRESCENT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 23 Nov 2015. Using an estimated price of £224,521 means this house is valued at £2,672 per sq meter (£248 per sq foot).
The average size of a house on DENE CRESCENT is 84 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Dene Crescent | |
| Jul 2024 | Anti-social behaviour | On or near Dene Crescent | |
| Jul 2024 | Anti-social behaviour | On or near Dene Crescent | |
| Jul 2024 | Anti-social behaviour | On or near Dene Crescent | |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Holburn Lane Court |