£292,731
This estimated value is based upon the latest sale price for the house of £240,000 on 10 Jan 2020. 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 Fenham Hall Drive
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| Price Paid | Date |
|---|---|
| £240,000 | 10 Jan 2020 |
| £225,000 | 9 Nov 2006 |
| £212,000 | 15 Jun 2006 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £240,000 results in an estimated price of approximately £292,731.
| 10 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £240,000 | £52,731 | £292,731 |
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 | 24.422 % | £58,613 | £298,613 |
| 3 Month Average | 17.682 % | £42,436 | £282,436 |
| 6 Month Average | 14.984 % | £35,962 | £275,962 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £335,877 | £330,000 | 58 FENHAM HALL DRIVE |
| 17 Nov 2023 | £293,343 | £289,000 | 20 SIMONBURN AVENUE |
| 2 Aug 2023 | £408,574 | £405,000 | 42 BOURNE AVENUE |
| 23 Jun 2023 | £141,717 | £140,000 | 54A FENHAM HALL DRIVE |
| 14 Apr 2023 | £249,436 | £246,750 | 40 BOURNE AVENUE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 13 Dec 2013. Using an estimated price of £292,731 means this house is valued at £2,567 per sq meter (£238 per sq foot).
The average size of a house on BOURNE AVENUE is 128 sq meters (1,383 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Fenham Hall Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Fowberry Crescent |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Powburn Gardens |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Auburn Gardens |
| Mar 2024 | Anti-social behaviour | On or near Auburn Gardens |