£252,099
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 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £162,500 results in an estimated price of approximately £252,099.
| 7 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 148.6 | 55.138 % | £162,500 | £89,599 | £252,099 |
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 | 8.866 % | £14,407 | £176,907 |
| 3 Month Average | -5.139 % | £-8,351 | £154,148 |
| 6 Month Average | -3.515 % | £-5,712 | £156,787 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £213,156 | £210,000 | 10 CANBERRA ROAD |
| 4 Sep 2023 | £206,642 | £204,000 | 18 THE BROADWAY |
| 14 Nov 2022 | £237,128 | £240,000 | 31 BRIERFIELD GROVE |
| 3 Oct 2022 | £144,445 | £146,000 | 25 BRIERFIELD GROVE |
| 29 Jul 2022 | £230,571 | £229,950 | 25 THE BROADWAY |
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 £252,100 means this house is valued at £2,653 per sq meter (£246 per sq foot).
The average size of a house on CORTINA AVENUE is 108 sq meters (1,163 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wavendon Crescent |
| Mar 2024 | Anti-social behaviour | On or near Broadmayne Avenue | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Melbourne Place |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Melbourne Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Melbourne Place |