£103,442
This estimated value is based upon the latest sale price for the house of £82,500 on 4 Aug 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £82,500 | 4 Aug 2017 |
| £32,000 | 13 Oct 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 554 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 2017 the House Price Index for TYNE AND WEAR was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £82,500 results in an estimated price of approximately £103,442.
| 4 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £82,500 | £20,942 | £103,442 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 36.422 % | £30,048 | £112,548 |
| 3 Month Average | 13.614 % | £11,231 | £93,731 |
| 6 Month Average | 28.677 % | £23,658 | £106,158 |
This house has a floor area of 51 sq meters or 554 sq feet when measured on 25 Jan 2012.
The average size of a house on PARK VIEW COURT is 67 sq meters (723 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Coquet Avenue |
| Dec 2023 | Burglary | Under investigation | On or near Coquet Avenue |