£179,978
This estimated value is based upon the latest sale price for the house of £143,000 on 21 Jul 2017. 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 Palmerston Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £143,000 | 21 Jul 2017 |
| £169,950 | 21 Nov 2006 |
| £98,000 | 7 Feb 2003 |
| £45,000 | 4 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,310 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 2017 the House Price Index for TYNE AND WEAR was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £143,000 results in an estimated price of approximately £179,978.
| 21 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 146.7 | 25.859 % | £143,000 | £36,978 | £179,978 |
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 | 45.107 % | £64,502 | £207,502 |
| 3 Month Average | -0.865 % | £-1,237 | £141,762 |
| 6 Month Average | 22.763 % | £32,551 | £175,551 |
This house has a floor area of 121 sq meters or 1,310 sq feet when measured on 8 Dec 2009.
The average size of a house on PALMERSTON AVENUE is 95 sq meters (1,029 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,310 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palmerston Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Palmerston Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palmerston Avenue |
| Jan 2024 | Vehicle crime | Under investigation | On or near Palmerston Avenue |
| Feb 2024 | Anti-social behaviour | On or near Julian Avenue |