£145,864
This estimated value is based upon the latest sale price for the house of £118,000 on 8 May 2019. 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 Devon Gardens
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Price Paid | Date |
---|---|
£118,000 | 8 May 2019 |
£74,000 | 8 Feb 2013 |
£15,000 | 16 Jul 2004 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 May 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £118,000 results in an estimated price of approximately £145,864.
8 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.614 % | £118,000 | £27,864 | £145,864 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -18.565 % | £-21,906 | £96,093 |
3 Month Average | -2.580 % | £-3,044 | £114,955 |
6 Month Average | 8.841 % | £10,432 | £128,432 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £118,515 | £117,000 | 9 DEVON GARDENS |
25 Aug 2023 | £44,136 | £43,750 | 36 DEVON GARDENS |
13 Jul 2022 | £175,974 | £175,500 | 14 HERTFORD AVENUE |
25 Mar 2022 | £77,720 | £75,000 | 17 DEVON GARDENS |
28 Jun 2021 | £128,751 | £120,000 | 29 HERTFORD AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 13 Jul 2012. Using an estimated price of £145,864 means this house is valued at £1,736 per sq meter (£161 per sq foot).
The average size of a house on DORSET AVENUE is 98 sq meters (1,064 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Devon Gardens |
Feb 2024 | Anti-social behaviour | On or near Devon Gardens | |
Feb 2024 | Anti-social behaviour | On or near Devon Gardens | |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Devon Gardens |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Cumberland Place |