£75,307
This estimated value is based upon the latest sale price for the house of £61,750 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £61,750 | 25 Jan 2019 |
| £59,000 | 2 Aug 2010 |
| Terraced |
| Leasehold |
| Floor Area: 54 sq meters or 590 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.956%.Applying this 21.956% change to the original purchase price of £61,750 results in an estimated price of approximately £75,307.
| 25 Jan 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.956 % | £61,750 | £13,557 | £75,307 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | -13.315 % | £-8,221 | £53,528 |
| 3 Month Average | 2.727 % | £1,684 | £63,434 |
| 6 Month Average | -0.329 % | £-202 | £61,547 |
This house has a floor area of 54 sq meters or 590 sq feet when measured on 14 Oct 2009.
The average size of a house on RODSLEY AVENUE is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Rodsley Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Rodsley Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Rodsley Avenue |
| Feb 2024 | Other crime | Under investigation | On or near Rodsley Avenue |
| Jan 2024 | Other theft | Under investigation | On or near Rodsley Avenue |