£182,191
This estimated value is based upon the latest sale price for the house of £149,450 on 24 Sep 2018. 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 Mill Crescent
More crime details
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| Price Paid | Date |
|---|---|
| £149,450 | 24 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 September 2018 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.908%.Applying this 21.908% change to the original purchase price of £149,450 results in an estimated price of approximately £182,191.
| 24 Sep 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.908 % | £149,450 | £32,741 | £182,191 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | -30.729 % | £-45,924 | £103,525 |
| 3 Month Average | 0.448 % | £669 | £150,119 |
| 6 Month Average | -7.772 % | £-11,615 | £137,834 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 29 Jun 2018.
The average size of a house on MILL CRESCENT is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Mill Crescent |
| Jan 2024 | Drugs | Offender given a caution | On or near Regent Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Regent Drive |
| Feb 2024 | Anti-social behaviour | On or near St Joseph'S Court | |
| Feb 2024 | Anti-social behaviour | On or near St Joseph'S Court |