£125,064
This estimated value is based upon the latest sale price for the house of £75,000 on 31 Oct 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £75,000 | 31 Oct 2006 |
| £75,000 | 29 Jul 2005 |
| £27,000 | 24 Jan 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 October 2006 the House Price Index for TYNE AND WEAR was 88.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.753%.Applying this 66.753% change to the original purchase price of £75,000 results in an estimated price of approximately £125,064.
| 31 Oct 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 146.7 | 66.753 % | £75,000 | £50,064 | £125,064 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 24.992 % | £18,743 | £93,743 |
| 3 Month Average | -5.038 % | £-3,778 | £71,221 |
| 6 Month Average | 23.733 % | £17,799 | £92,799 |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 9 Oct 2019.
The average size of a house on BORROWDALE AVENUE is 63 sq meters (681 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Borrowdale Avenue |
| Mar 2024 | Anti-social behaviour | On or near Borrowdale Avenue | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Borrowdale Avenue |
| Mar 2024 | Public order | Awaiting court outcome | On or near Westbourne Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westbourne Avenue |