£97,427
This estimated value is based upon the latest sale price for the house of £79,101 on 2 Apr 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £79,101 | 2 Apr 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 April 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £79,101 results in an estimated price of approximately £97,427.
| 2 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £79,101 | £18,326 | £97,427 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -9.004 % | £-7,122 | £71,978 |
| 3 Month Average | -4.062 % | £-3,213 | £75,887 |
| 6 Month Average | -10.867 % | £-8,596 | £70,504 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £164,837 | £163,500 | 66 LAWNSWOOD |
| 16 Apr 2023 | £141,048 | £140,000 | 49 LAWNSWOOD |
| 3 Feb 2023 | £99,529 | £100,000 | 28 GILLAS LANE |
| 3 Mar 2022 | £70,697 | £68,500 | 17 DUNKIRK AVENUE |
| 18 Feb 2022 | £144,136 | £138,000 | 47 LAWNSWOOD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 6 Dec 2018. Using an estimated price of £97,428 means this house is valued at £1,119 per sq meter (£104 per sq foot).
The average size of a house on BALMORAL CRESCENT is 112 sq meters (1,207 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Dunkirk Avenue |
| Feb 2024 | Vehicle crime | Under investigation | On or near Dunkirk Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dunkirk Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Crescent |