£396,123
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Dec 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £250,000 | 12 Dec 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 232 sq meters or 2,500 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 December 2013 the House Price Index for TYNE AND WEAR was 92.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 58.450%.Applying this 58.450% change to the original purchase price of £250,000 results in an estimated price of approximately £396,123.
| 12 Dec 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 146.7 | 58.450 % | £250,000 | £146,123 | £396,123 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 20.997 % | £52,493 | £302,493 |
| 3 Month Average | 26.101 % | £65,252 | £315,252 |
| 6 Month Average | 38.115 % | £95,287 | £345,287 |
This house has a floor area of 232 sq meters or 2,500 sq feet when measured on 30 Jul 2010.
The average size of a house on MARINE AVENUE is 217 sq meters (2,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clovelly Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Clovelly Gardens |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Clovelly Gardens |