£271,048
This estimated value is based upon the latest sale price for the house of £209,995 on 30 Jun 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 |
---|---|
£209,995 | 30 Jun 2017 |
Detached |
Leasehold |
Floor Area: 110 sq meters or 1,184 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 June 2017 the House Price Index for TYNE AND WEAR was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £209,995 results in an estimated price of approximately £271,048.
30 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £209,995 | £61,053 | £271,048 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -2.801 % | £-5,881 | £204,113 |
3 Month Average | -5.586 % | £-11,731 | £198,263 |
6 Month Average | -7.968 % | £-16,732 | £193,262 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £281,139 | £272,500 | 25 CRESTA VIEW |
25 Aug 2023 | £292,271 | £287,000 | 31 LINGFIELD |
30 Jun 2023 | £270,419 | £265,000 | 3 LINGFIELD |
28 Apr 2023 | £193,571 | £189,950 | 6 HETTON ROAD |
3 Feb 2023 | £361,414 | £359,000 | 64 CRESTA VIEW |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 9 Jun 2017. Using an estimated price of £271,049 means this house is valued at £2,464 per sq meter (£228 per sq foot).
The average size of a house on CRESTA VIEW is 134 sq meters (1,450 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Cresta View | |
Apr 2024 | Anti-social behaviour | On or near Cresta View | |
Apr 2024 | Anti-social behaviour | On or near Cresta View | |
Apr 2024 | Anti-social behaviour | On or near Cresta View | |
Jul 2024 | Vehicle crime | Under investigation | On or near Gillas Lane East |