£192,499
This estimated value is based upon the latest sale price for the house of £152,000 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £152,000 | 8 Dec 2017 |
| Semi-Detached |
| Leasehold |
| Floor Area: 68 sq meters or 735 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 December 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £152,000 results in an estimated price of approximately £192,499.
| 8 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £152,000 | £40,499 | £192,499 |
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 | -11.922 % | £-18,122 | £133,877 |
| 3 Month Average | 3.061 % | £4,652 | £156,652 |
| 6 Month Average | 11.514 % | £17,501 | £169,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £162,497 | £160,000 | GREENSIDE WREKENTON ROW |
| 7 Mar 2024 | £129,997 | £128,000 | 31 LONG BANK |
| 12 Oct 2023 | £148,370 | £145,000 | 34 WREKENTON ROW |
| 6 Oct 2023 | £194,416 | £190,000 | 15 HILLDYKE |
| 13 Jun 2023 | £77,554 | £76,000 | 1 CAPSTAN COURT |
This house has a floor area of 68 sq meters or 735 sq feet when measured on 14 Sep 2011. Using an estimated price of £192,500 means this house is valued at £2,818 per sq meter (£261 per sq foot).
The average size of a house on HILLDYKE is 81 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Hilldyke | |
| Apr 2024 | Anti-social behaviour | On or near Hilldyke | |
| Apr 2024 | Anti-social behaviour | On or near Hilldyke | |
| Apr 2024 | Other crime | Under investigation | On or near Hilldyke |
| Apr 2024 | Anti-social behaviour | On or near Hilldyke |