£86,054
This estimated value is based upon the latest sale price for the house of £67,500 on 5 Jul 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Sycamore Street
More crime details
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Price Paid | Date |
---|---|
£67,500 | 5 Jul 2017 |
Flats/Maisonettes |
Freehold |
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 July 2017 the House Price Index for TYNE AND WEAR was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £67,500 results in an estimated price of approximately £86,054.
5 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £67,500 | £18,554 | £86,054 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | -2.612 % | £-1,762 | £65,737 |
3 Month Average | 27.665 % | £18,674 | £86,174 |
6 Month Average | 21.348 % | £14,409 | £81,909 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £88,500 | £88,500 | 7 WOODBINE AVENUE |
30 Nov 2023 | £192,855 | £190,000 | 132 PARK ROAD |
17 Nov 2023 | £91,352 | £90,000 | 28 WOODBINE AVENUE |
3 Nov 2023 | £51,766 | £51,000 | 20 HAWTHORNE GROVE |
5 Jun 2023 | £180,183 | £178,000 | 33 LABURNUM AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Sycamore Street |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sycamore Street |
Mar 2024 | Burglary | Under investigation | On or near Sycamore Street |
Mar 2024 | Anti-social behaviour | On or near Sycamore Street | |
Mar 2024 | Anti-social behaviour | On or near Sycamore Street |