£149,946
This estimated value is based upon the latest sale price for the house of £87,000 on 25 Nov 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £87,000 | 25 Nov 2011 |
| £113,000 | 28 Apr 2011 |
| £94,000 | 21 Jan 2005 |
| £38,000 | 20 Dec 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 738 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 November 2011 the House Price Index for TYNE AND WEAR was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £87,000 results in an estimated price of approximately £149,946.
| 25 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £87,000 | £62,946 | £149,946 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 13.786 % | £11,994 | £98,994 |
| 3 Month Average | 16.571 % | £14,416 | £101,416 |
| 6 Month Average | 27.898 % | £24,271 | £111,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £136,842 | £135,000 | 35 CRAIGMILLAR CLOSE |
| 13 Feb 2023 | £99,933 | £100,000 | 27 CRAGSTON AVENUE |
| 10 May 2022 | £119,247 | £117,000 | 3 REDCROFT GREEN |
| 14 Dec 2021 | £141,957 | £132,500 | 5 RENFREW GREEN |
| 24 Nov 2021 | £102,744 | £95,000 | 19 REDCROFT GREEN |
This house has a floor area of 68 sq meters or 738 sq feet when measured on 11 Nov 2010. Using an estimated price of £149,947 means this house is valued at £2,185 per sq meter (£203 per sq foot).
The average size of a house on REDCROFT GREEN is 75 sq meters (815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Avonlea Way | |
| Mar 2024 | Anti-social behaviour | On or near Avonlea Way | |
| Mar 2024 | Other theft | Under investigation | On or near Avonlea Way |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Avonlea Way |
| Dec 2023 | Anti-social behaviour | On or near Avonlea Way |