£135,063
This estimated value is based upon the latest sale price for the house of £130,000 on 12 Jan 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £130,000 | 12 Jan 2022 |
| £117,000 | 19 Jan 2018 |
| £134,000 | 4 Jul 2007 |
| £50,000 | 27 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 January 2022 the House Price Index for TYNE AND WEAR was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £130,000 results in an estimated price of approximately £135,063.
| 12 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £130,000 | £5,063 | £135,063 |
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 | 17.180 % | £22,333 | £152,333 |
| 3 Month Average | -8.638 % | £-11,229 | £118,770 |
| 6 Month Average | 11.103 % | £14,433 | £144,433 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 5 Sep 2013.
The average size of a house on VALENTIA AVENUE is 123 sq meters (1,324 sq feet).
This house is the largest in the street with a floor area of 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Offender given a caution | On or near Iolanthe Crescent |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Iolanthe Crescent |
| Feb 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
| Feb 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
| Jan 2024 | Anti-social behaviour | On or near Bus/Coach Station |