£176,101
This estimated value is based upon the latest sale price for the house of £47,950 on 1 Sep 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£47,950 | 1 Sep 2000 |
£34,500 | 9 Aug 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 103 sq meters or 1,108 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 2000 the House Price Index for TYNE AND WEAR was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £47,950 results in an estimated price of approximately £176,101.
1 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.5 | 148.6 | 267.261 % | £47,950 | £128,151 | £176,101 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 273.899 % | £131,334 | £179,284 |
3 Month Average | 222.269 % | £106,578 | £154,528 |
6 Month Average | 251.026 % | £120,366 | £168,316 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £270,458 | £267,000 | 12 SHIPLEY ROAD |
28 Jul 2023 | £522,026 | £515,000 | 15 HORSLEY TERRACE |
26 Jul 2023 | £182,456 | £180,000 | 7 BIRTLEY AVENUE |
26 Jul 2023 | £182,456 | £180,000 | 6 BIRTLEY AVENUE |
7 Jul 2023 | £212,534 | £209,674 | 31 BIRTLEY AVENUE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 19 Apr 2012. Using an estimated price of £176,102 means this house is valued at £1,709 per sq meter (£158 per sq foot).
The average size of a house on BIRTLEY AVENUE is 84 sq meters (908 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Back Shipley Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Back Shipley Road |