£171,181
This estimated value is based upon the latest sale price for the house of £131,000 on 26 Jan 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 |
|---|---|
| £131,000 | 26 Jan 2017 |
| £129,950 | 6 Mar 2006 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 January 2017 the House Price Index for TYNE AND WEAR was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £131,000 results in an estimated price of approximately £171,181.
| 26 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £131,000 | £40,181 | £171,181 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 19.875 % | £26,036 | £157,036 |
| 3 Month Average | -13.273 % | £-17,388 | £113,611 |
| 6 Month Average | 15.099 % | £19,779 | £150,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £154,792 | £152,500 | 22 CRASTER TERRACE |
| 6 Apr 2023 | £106,143 | £105,000 | 72 HOLYSTONE CRESCENT |
| 20 Mar 2023 | £196,855 | £195,000 | 12 HARLOW PLACE |
| 2 Mar 2023 | £166,569 | £165,000 | 7 HARLOW PLACE |
| 29 Mar 2022 | £139,895 | £135,000 | 62 HOLYSTONE CRESCENT |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 26 Mar 2016. Using an estimated price of £171,182 means this house is valued at £2,344 per sq meter (£217 per sq foot).
The average size of a house on HOLYSTONE CRESCENT is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Craster Terrace | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Craster Terrace |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Craster Terrace |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Craster Terrace |
| Jan 2024 | Anti-social behaviour | On or near Craster Terrace |