£103,403
This estimated value is based upon the latest sale price for the house of £85,000 on 30 Nov 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£85,000 | 30 Nov 2018 |
£82,000 | 10 Sep 2009 |
£23,500 | 29 Sep 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 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 November 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £85,000 results in an estimated price of approximately £103,403.
30 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 146.7 | 21.651 % | £85,000 | £18,403 | £103,403 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | -15.915 % | £-13,527 | £71,472 |
3 Month Average | 17.137 % | £14,566 | £99,566 |
6 Month Average | 21.760 % | £18,496 | £103,496 |
This house has a floor area of 55 sq meters or 602 sq feet when measured on 15 Jun 2009.
The average size of a house on THE AVENUE is 87 sq meters (939 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (602 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Warwick Road |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Warwick Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Warwick Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Warwick Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Portugal Place |