£225,157
This estimated value is based upon the latest sale price for the house of £40,000 on 31 Aug 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Meldon Avenue
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £40,000 | 31 Aug 1995 |
| Detached |
| Leasehold |
| Floor Area: 97 sq meters or 1,044 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 August 1995 the House Price Index for TYNE AND WEAR was 26.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 462.894%.Applying this 462.894% change to the original purchase price of £40,000 results in an estimated price of approximately £225,157.
| 31 Aug 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 146.7 | 462.894 % | £40,000 | £185,157 | £225,157 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 150.579 % | £60,231 | £100,231 |
| 3 Month Average | 199.891 % | £79,956 | £119,956 |
| 6 Month Average | 206.786 % | £82,714 | £122,714 |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 3 Jan 2014.
There is one other house on the street which we know the size of, this is 6 WHALTON COURT it is 114.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Meldon Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meldon Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Meldon Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meldon Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Meldon Avenue |