£352,094
This estimated value is based upon the latest sale price for the house of £199,995 on 25 Sep 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £199,995 | 25 Sep 2009 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,246 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 2009 the House Price Index for TYNE AND WEAR was 83.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 76.052%.Applying this 76.052% change to the original purchase price of £199,995 results in an estimated price of approximately £352,094.
| 25 Sep 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 146.7 | 76.052 % | £199,995 | £152,099 | £352,094 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 12.822 % | £25,644 | £225,639 |
| 3 Month Average | 14.650 % | £29,298 | £229,293 |
| 6 Month Average | 35.820 % | £71,637 | £271,632 |
This house has a floor area of 115 sq meters or 1,246 sq feet when measured on 20 Aug 2009.
The average size of a house on HILL RISE is 89 sq meters (961 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hill Rise |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hill Rise |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hill Rise |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hill Rise |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Rushmore Grange |