£98,431
This estimated value is based upon the latest sale price for the house of £80,000 on 8 Mar 2019. 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 Egremont Gardens
More crime details
Get our free house price tracker.
Price Paid | Date |
---|---|
£80,000 | 8 Mar 2019 |
£73,000 | 31 Aug 2016 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £80,000 results in an estimated price of approximately £98,431.
8 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.0 | 23.040 % | £80,000 | £18,431 | £98,431 |
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 | -15.613 % | £-12,490 | £67,509 |
3 Month Average | 26.542 % | £21,233 | £101,233 |
6 Month Average | 16.375 % | £13,099 | £93,099 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £93,569 | £93,000 | 42 SPRINGFIELD PLACE |
31 Mar 2023 | £140,761 | £140,000 | 39 SPRINGFIELD PLACE |
31 Jan 2023 | £100,121 | £101,000 | 9 FLORENCE AVENUE |
20 Jan 2023 | £218,084 | £220,000 | 12 EGREMONT DRIVE |
23 Aug 2022 | £109,262 | £110,000 | 35 FLORENCE AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 22 Sep 2015. Using an estimated price of £98,432 means this house is valued at £1,295 per sq meter (£120 per sq foot).
The average size of a house on HILLSIDE PLACE is 107 sq meters (1,162 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Egremont Gardens |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Egremont Gardens |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Egremont Gardens |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Sheriffs Highway |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Sheriffs Highway |