£410,448
This estimated value is based upon the latest sale price for the house of £89,750 on 29 Jan 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£89,750 | 29 Jan 1999 |
Semi-Detached |
Leasehold |
Floor Area: 185 sq meters or 1,991 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 1999 the House Price Index for TYNE AND WEAR was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £89,750 results in an estimated price of approximately £410,448.
29 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.7 | 149.7 | 357.324 % | £89,750 | £320,698 | £410,448 |
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 | 184.104 % | £165,233 | £254,983 |
3 Month Average | 165.010 % | £148,096 | £237,846 |
6 Month Average | 137.134 % | £123,077 | £212,827 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £386,888 | £375,000 | 37 SUMMERHILL |
4 Mar 2022 | £339,278 | £325,000 | 2 BRIDLE PATH |
20 Dec 2021 | £356,172 | £330,000 | 4 BRIDLE PATH |
22 Oct 2021 | £306,534 | £275,000 | 58 HILLCREST |
27 Sep 2021 | £307,759 | £283,500 | 22 CAIRNSIDE |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 1 May 2013. Using an estimated price of £410,449 means this house is valued at £2,218 per sq meter (£206 per sq foot).
The average size of a house on HILLCREST is 141 sq meters (1,525 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Tilbury Gardens | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Tilbury Gardens |
Jun 2024 | Anti-social behaviour | On or near Tilbury Gardens | |
Jun 2024 | Anti-social behaviour | On or near Tilbury Gardens | |
Jun 2024 | Anti-social behaviour | On or near Tilbury Gardens |