£190,744
This estimated value is based upon the latest sale price for the house of £157,500 on 12 Dec 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £157,500 | 12 Dec 2019 |
| £117,500 | 20 May 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,085 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 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.108%.Applying this 21.108% change to the original purchase price of £157,500 results in an estimated price of approximately £190,744.
| 12 Dec 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.108 % | £157,500 | £33,244 | £190,744 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | -28.730 % | £-45,250 | £112,249 |
| 3 Month Average | 1.586 % | £2,497 | £159,997 |
| 6 Month Average | 2.116 % | £3,333 | £160,833 |
This house has a floor area of 100 sq meters or 1,085 sq feet when measured on 10 Mar 2011.
The average size of a house on RUNSWICK AVENUE is 107 sq meters (1,153 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rossendale Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bilsdale Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingsdale Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Kingsdale Road |
| Mar 2024 | Public order | Under investigation | On or near Byland Road |