£157,440
This estimated value is based upon the latest sale price for the house of £130,000 on 19 Dec 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 |
|---|---|
| £130,000 | 19 Dec 2019 |
| £144,000 | 9 Mar 2007 |
| £119,000 | 10 Feb 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 December 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.108%.Applying this 21.108% change to the original purchase price of £130,000 results in an estimated price of approximately £157,440.
| 19 Dec 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.108 % | £130,000 | £27,440 | £157,440 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | -12.810 % | £-16,652 | £113,347 |
| 3 Month Average | -4.137 % | £-5,378 | £124,621 |
| 6 Month Average | 5.699 % | £7,408 | £137,408 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 18 Apr 2018.
The average size of a house on MORNINGTON AVENUE is 105 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Mornington Avenue |
| Mar 2024 | Other crime | Under investigation | On or near Mornington Avenue |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Mornington Avenue |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Mornington Avenue |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Mornington Avenue |