£51,628
This estimated value is based upon the latest sale price for the house of £28,100 on 18 Apr 2005. 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 Cross Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £28,100 | 18 Apr 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 April 2005 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.731%.Applying this 83.731% change to the original purchase price of £28,100 results in an estimated price of approximately £51,628.
| 18 Apr 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 146.7 | 83.731 % | £28,100 | £23,528 | £51,628 |
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 | 3.524 % | £990 | £29,090 |
| 3 Month Average | 44.008 % | £12,366 | £40,466 |
| 6 Month Average | 45.719 % | £12,846 | £40,946 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Sep 2013.
The average size of a house on CROSS AVENUE is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cross Avenue |
| Mar 2024 | Anti-social behaviour | On or near Bigges Gardens | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Bigges Gardens |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bigges Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elmfield Gardens |