£267,408
This estimated value is based upon the latest sale price for the house of £149,950 on 15 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 |
|---|---|
| £149,950 | 15 Sep 2009 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,062 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 £149,950 results in an estimated price of approximately £267,408.
| 15 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £149,950 | £117,458 | £267,408 |
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 % | £45,941 | £195,891 |
| 3 Month Average | 11.994 % | £17,984 | £167,934 |
| 6 Month Average | 26.030 % | £39,032 | £188,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £143,055 | £143,151 | 50 MIDDLETON AVENUE |
| 10 Aug 2021 | £175,152 | £157,000 | 18 SHIPLEY AVENUE |
| 17 Nov 2020 | £183,178 | £158,000 | 14 GOWLAND AVENUE |
| 17 Jul 2020 | £183,799 | £152,000 | 51 GOWLAND AVENUE |
| 26 Mar 2020 | £156,577 | £130,000 | 52 SHIPLEY AVENUE |
This house has a floor area of 98 sq meters or 1,062 sq feet when measured on 21 Jul 2009. Using an estimated price of £267,409 means this house is valued at £2,709 per sq meter (£251 per sq foot).
The average size of a house on MIDDLETON AVENUE is 121 sq meters (1,310 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Middleton Avenue |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Middleton Avenue |
| Mar 2024 | Anti-social behaviour | On or near Middleton Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Middleton Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Middleton Avenue |