£253,965
This estimated value is based upon the latest sale price for the house of £162,500 on 7 Nov 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £162,500 | 7 Nov 2007 |
| Semi-Detached |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 2007 the House Price Index for TYNE AND WEAR was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £162,500 results in an estimated price of approximately £253,965.
| 7 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 149.7 | 56.287 % | £162,500 | £91,465 | £253,965 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | -5.855 % | £-9,514 | £152,985 |
| 3 Month Average | -5.967 % | £-9,697 | £152,802 |
| 6 Month Average | 3.567 % | £5,795 | £168,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £262,500 | £262,500 | 18 BRIERFIELD GROVE |
| 17 Nov 2023 | £215,469 | £210,000 | 10 CANBERRA ROAD |
| 2 Oct 2023 | £204,648 | £200,000 | 12 THE BROADWAY |
| 4 Sep 2023 | £208,598 | £204,000 | 18 THE BROADWAY |
| 3 Oct 2022 | £145,514 | £146,000 | 25 BRIERFIELD GROVE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 19 Feb 2013. Using an estimated price of £253,966 means this house is valued at £2,673 per sq meter (£248 per sq foot).
The average size of a house on CORTINA AVENUE is 108 sq meters (1,163 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cortina Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wavendon Crescent |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wavendon Crescent |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wavendon Crescent |
| Jun 2024 | Other theft | Under investigation | On or near Wavendon Crescent |