£124,979
This estimated value is based upon the latest sale price for the house of £85,000 on 27 May 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,000 | 27 May 2015 |
| £29,500 | 31 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2015 the House Price Index for TYNE AND WEAR was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £85,000 results in an estimated price of approximately £124,979.
| 27 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £85,000 | £39,979 | £124,979 |
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 | 6.651 % | £5,653 | £90,653 |
| 3 Month Average | 6.169 % | £5,244 | £90,244 |
| 6 Month Average | 1.361 % | £1,156 | £86,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £110,000 | £110,000 | 29 BRENTWOOD ROAD |
| 10 Nov 2023 | £120,560 | £117,500 | 11 CAMBRIDGE CRESCENT |
| 5 Aug 2022 | £118,554 | £118,000 | 8 HIGHFIELD ROAD |
| 8 Apr 2022 | £140,052 | £135,000 | 32 COLLINGWOOD DRIVE |
| 28 Jan 2022 | £127,224 | £120,000 | 12 CAMBRIDGE CRESCENT |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 9 Jan 2014. Using an estimated price of £124,979 means this house is valued at £1,315 per sq meter (£122 per sq foot).
The average size of a house on HIGHFIELD ROAD is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Under investigation | On or near Collingwood Drive |
| Jul 2024 | Other crime | Under investigation | On or near Claremont Drive |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Claremont Drive |
| Jun 2024 | Vehicle crime | Under investigation | On or near Claremont Drive |
| Jun 2024 | Public order | Awaiting court outcome | On or near Claremont Drive |