£305,527
This estimated value is based upon the latest sale price for the house of £65,000 on 21 Aug 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £65,000 | 21 Aug 1998 |
| 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 August 1998 the House Price Index for TYNE AND WEAR was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.042%.Applying this 370.042% change to the original purchase price of £65,000 results in an estimated price of approximately £305,527.
| 21 Aug 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.042 % | £65,000 | £240,527 | £305,527 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 232.980 % | £151,437 | £216,437 |
| 3 Month Average | 165.503 % | £107,576 | £172,576 |
| 6 Month Average | 145.441 % | £94,536 | £159,536 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £220,300 | £220,300 | 50 SUMMERHILL |
| 15 Mar 2024 | £284,369 | £280,000 | 6 CAREEN CRESCENT |
| 19 Dec 2023 | £386,888 | £375,000 | 37 SUMMERHILL |
| 24 Nov 2023 | £210,339 | £205,000 | 55 SUMMERHILL |
| 29 Mar 2023 | £350,859 | £345,000 | 9 FOXCOVER LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Chad'S Crescent |
| Jul 2024 | Vehicle crime | Under investigation | On or near Hillview |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hillview |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Hillview |
| May 2024 | Anti-social behaviour | On or near Hillview |