£142,795
This estimated value is based upon the latest sale price for the house of £88,000 on 25 Jul 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£88,000 | 25 Jul 2008 |
£86,500 | 26 Jul 2007 |
£81,000 | 7 Apr 2006 |
£62,000 | 1 Dec 2003 |
£29,500 | 2 Nov 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 July 2008 the House Price Index for TYNE AND WEAR was 90.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 62.268%.Applying this 62.268% change to the original purchase price of £88,000 results in an estimated price of approximately £142,795.
25 Jul 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 146.7 | 62.268 % | £88,000 | £54,795 | £142,795 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 12.017 % | £10,574 | £98,574 |
3 Month Average | 33.916 % | £29,845 | £117,845 |
6 Month Average | 38.492 % | £33,872 | £121,872 |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 11 Nov 2016.
The average size of a house on MORTIMER AVENUE is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Under investigation | On or near Brandon Road |
Feb 2024 | Drugs | Under investigation | On or near Brandon Road |
Mar 2024 | Anti-social behaviour | On or near Bardolph Road | |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Bardolph Road |
Feb 2024 | Anti-social behaviour | On or near Bardolph Road |