£492,513
This estimated value is based upon the latest sale price for the house of £290,000 on 28 Mar 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £290,000 | 28 Mar 2011 |
| £250,000 | 1 Jun 2004 |
| £157,000 | 17 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 March 2011 the House Price Index for TYNE AND WEAR was 86.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.832%.Applying this 69.832% change to the original purchase price of £290,000 results in an estimated price of approximately £492,513.
| 28 Mar 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 146.7 | 69.832 % | £290,000 | £202,513 | £492,513 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 45.496 % | £131,937 | £421,937 |
| 3 Month Average | 25.355 % | £73,530 | £363,530 |
| 6 Month Average | 34.572 % | £100,259 | £390,259 |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 3 Aug 2009.
The average size of a house on MILLVIEW DRIVE is 144 sq meters (1,552 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marshmont Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Westlands |
| Feb 2024 | Vehicle crime | Under investigation | On or near Monkstone Crescent |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Monkstone Crescent |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station |