£189,767
This estimated value is based upon the latest sale price for the house of £188,500 on 15 Feb 2023. 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 Hillview Grove
More crime details
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Price Paid | Date |
---|---|
£188,500 | 15 Feb 2023 |
£130,000 | 31 Jan 2022 |
Semi-Detached |
Freehold |
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 February 2023 the House Price Index for TYNE AND WEAR was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £188,500 results in an estimated price of approximately £189,767.
15 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £188,500 | £1,267 | £189,767 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 6.276 % | £11,829 | £200,329 |
3 Month Average | -24.361 % | £-45,920 | £142,579 |
6 Month Average | -21.749 % | £-40,997 | £147,502 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £134,750 | £132,500 | 8 HILLVIEW CRESCENT |
15 Feb 2023 | £189,768 | £188,500 | 23 MELROSE GARDENS |
24 Nov 2021 | £206,954 | £189,950 | 26 MELROSE GARDENS |
7 Sep 2021 | £151,980 | £140,000 | 25 MELROSE GARDENS |
25 Aug 2021 | £238,823 | £212,500 | HILLCREST COALEY LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Hillview Grove |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Hillview Grove |
Aug 2024 | Anti-social behaviour | On or near Hillview Crescent | |
Aug 2024 | Anti-social behaviour | On or near Hillview Crescent | |
Aug 2024 | Anti-social behaviour | On or near Hillview Crescent |