£196,357
This estimated value is based upon the latest sale price for the house of £124,000 on 13 Feb 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £124,000 | 13 Feb 2014 |
| £138,000 | 13 Feb 2008 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 February 2014 the House Price Index for TYNE AND WEAR was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £124,000 results in an estimated price of approximately £196,357.
| 13 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £124,000 | £72,357 | £196,357 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 41.800 % | £51,831 | £175,831 |
| 3 Month Average | 14.211 % | £17,621 | £141,621 |
| 6 Month Average | 34.226 % | £42,440 | £166,440 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £66,637 | £65,471 | 32 CAIRNGORM AVENUE |
| 7 Jul 2023 | £167,251 | £165,000 | 32 HELVELLYN AVENUE |
| 20 Feb 2023 | £125,915 | £126,000 | 31 HELVELLYN AVENUE |
| 22 Aug 2022 | £149,597 | £150,000 | 2 CAIRNGORM AVENUE |
| 18 Aug 2022 | £189,490 | £190,000 | 44 HELVELLYN AVENUE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 25 Mar 2013. Using an estimated price of £196,357 means this house is valued at £3,776 per sq meter (£350 per sq foot).
The average size of a house on HELVELLYN AVENUE is 67 sq meters (728 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Helvellyn Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Helvellyn Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Helvellyn Avenue |
| Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Hambleton Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |