£175,430
This estimated value is based upon the latest sale price for the house of £103,000 on 1 Sep 2006. 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 Fairholm Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £103,000 | 1 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 September 2006 the House Price Index for TYNE AND WEAR was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £103,000 results in an estimated price of approximately £175,430.
| 1 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £103,000 | £72,430 | £175,430 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 35.781 % | £36,854 | £139,854 |
| 3 Month Average | 29.322 % | £30,201 | £133,201 |
| 6 Month Average | 27.747 % | £28,578 | £131,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £120,000 | £120,000 | 17 WESTERN AVENUE |
| 29 Sep 2023 | £162,022 | £159,950 | 42 CLIFTONVILLE AVENUE |
| 8 Sep 2023 | £107,373 | £106,000 | 5 WESTERN AVENUE |
| 19 Jul 2023 | £141,910 | £140,000 | 12 NORMOUNT AVENUE |
| 30 Jun 2023 | £177,146 | £175,000 | 136 NORMOUNT ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 18 May 2013. Using an estimated price of £175,431 means this house is valued at £1,754 per sq meter (£162 per sq foot).
The average size of a house on NORMOUNT ROAD is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairholm Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fairholm Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Fairholm Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Fairholm Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairholm Road |