£250,095
This estimated value is based upon the latest sale price for the house of £205,000 on 30 Jun 2020. 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 Allerdale Drive
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| Price Paid | Date |
|---|---|
| £205,000 | 30 Jun 2020 |
| £128,000 | 17 Oct 2003 |
| £128,000 | 17 Oct 2003 |
| Semi-Detached |
| Leasehold |
| Floor Area: 120 sq meters or 1,291 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 June 2020 the House Price Index for TYNE AND WEAR was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £205,000 results in an estimated price of approximately £250,095.
| 30 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £205,000 | £45,095 | £250,095 |
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 | 74.787 % | £153,312 | £358,312 |
| 3 Month Average | 35.634 % | £73,049 | £278,049 |
| 6 Month Average | 11.106 % | £22,768 | £227,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £175,000 | £175,000 | 16 ANGLESEY GARDENS |
| 8 Dec 2023 | £230,585 | £223,500 | 9 AISGILL DRIVE |
| 30 Nov 2023 | £235,990 | £230,000 | 11 ASHDALE CRESCENT |
| 10 Nov 2023 | £200,079 | £195,000 | 29 EDEN CLOSE |
| 18 Oct 2023 | £209,764 | £205,000 | 1 EDEN CLOSE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 28 Feb 2020. Using an estimated price of £250,096 means this house is valued at £2,084 per sq meter (£193 per sq foot).
The average size of a house on HILLHEAD PARKWAY is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Allerdale Drive |
| Jun 2024 | Anti-social behaviour | On or near Allerdale Drive | |
| Jun 2024 | Anti-social behaviour | On or near Allerdale Drive | |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Allerdale Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Abbotside Place |