£79,576
This estimated value is based upon the latest sale price for the house of £63,500 on 16 Mar 2018. 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 Tunstall Avenue
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Price Paid | Date |
---|---|
£63,500 | 16 Mar 2018 |
£60,000 | 10 Aug 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 March 2018 the House Price Index for TYNE AND WEAR was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £63,500 results in an estimated price of approximately £79,576.
16 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £63,500 | £16,076 | £79,576 |
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 | 10.484 % | £6,657 | £70,157 |
3 Month Average | -12.621 % | £-8,014 | £55,485 |
6 Month Average | 19.884 % | £12,626 | £76,126 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £101,364 | £100,000 | 94 FOSSWAY |
16 Jan 2023 | £213,992 | £215,000 | 68 LAWSON CLOSE |
8 Jul 2022 | £215,580 | £215,000 | 74 LAWSON CLOSE |
3 May 2022 | £183,457 | £180,000 | 64 LAWSON CLOSE |
23 Mar 2022 | £73,575 | £71,000 | 109 TUNSTALL AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 13 Jul 2015. Using an estimated price of £79,576 means this house is valued at £1,243 per sq meter (£115 per sq foot).
The average size of a house on TUNSTALL AVENUE is 63 sq meters (680 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Tunstall Avenue | |
Feb 2024 | Burglary | Awaiting court outcome | On or near Tunstall Avenue |
Feb 2024 | Anti-social behaviour | On or near Tunstall Avenue | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Shopping Area |