£59,194
This estimated value is based upon the latest sale price for the house of £17,340 on 14 May 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £17,340 | 14 May 2001 |
| Semi-Detached |
| Freehold |
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 2001 the House Price Index for TYNE AND WEAR was 43.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 241.373%.Applying this 241.373% change to the original purchase price of £17,340 results in an estimated price of approximately £59,194.
| 14 May 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.0 | 241.373 % | £17,340 | £41,854 | £59,194 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 68.646 % | £11,903 | £29,243 |
| 3 Month Average | 137.747 % | £23,885 | £41,225 |
| 6 Month Average | 192.827 % | £33,436 | £50,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £168,182 | £165,000 | 4 WILLISTON CLOSE |
| 6 Nov 2023 | £163,094 | £161,000 | 6 THOMASTON COURT |
| 28 Jun 2023 | £106,866 | £106,000 | 41 DEWLEY ROAD |
| 27 Feb 2023 | £124,412 | £125,000 | 22 STAPLEFORD CLOSE |
| 31 Jan 2023 | £173,476 | £175,000 | 1 WILLISTON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Cromdale Place |
| Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Cromdale Place |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cromdale Place |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cromdale Place |
| Apr 2024 | Vehicle crime | Under investigation | On or near Cromdale Place |