£215,781
This estimated value is based upon the latest sale price for the house of £121,000 on 11 Sep 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £121,000 | 11 Sep 2009 |
| £27,000 | 27 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,051 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 September 2009 the House Price Index for TYNE AND WEAR was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £121,000 results in an estimated price of approximately £215,781.
| 11 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £121,000 | £94,781 | £215,781 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 30.638 % | £37,071 | £158,071 |
| 3 Month Average | 11.994 % | £14,512 | £135,512 |
| 6 Month Average | 26.030 % | £31,496 | £152,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £121,059 | £120,000 | 24 EASTGATE GARDENS |
| 14 Jun 2023 | £106,287 | £105,000 | 23 CLOVELLY AVENUE |
| 7 Jul 2022 | £40,108 | £40,000 | 30 DIPTON AVENUE |
| 16 May 2022 | £193,649 | £190,000 | 27 ILFRACOMBE AVENUE |
| 15 Mar 2022 | £112,953 | £109,000 | 15 EASTGATE GARDENS |
This house has a floor area of 97 sq meters or 1,051 sq feet when measured on 25 Jan 2012. Using an estimated price of £215,782 means this house is valued at £2,209 per sq meter (£205 per sq foot).
The average size of a house on CLOVELLY AVENUE is 101 sq meters (1,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clovelly Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ilfracombe Avenue |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Ilfracombe Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ilfracombe Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ilfracombe Avenue |