£156,695
This estimated value is based upon the latest sale price for the house of £92,000 on 13 Sep 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Lilac Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £92,000 | 13 Sep 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 798 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 2006 the House Price Index for TYNE AND WEAR was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £92,000 results in an estimated price of approximately £156,695.
| 13 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £92,000 | £64,695 | £156,695 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 32.860 % | £30,231 | £122,231 |
| 3 Month Average | 30.776 % | £28,314 | £120,314 |
| 6 Month Average | 22.445 % | £20,649 | £112,649 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £97,856 | £97,000 | 4 MAPLE AVENUE |
| 31 Jul 2023 | £111,501 | £110,000 | 7 REGENCY DRIVE |
| 23 Jun 2023 | £111,349 | £110,000 | 16 MAPLE AVENUE |
| 27 Jan 2023 | £202,267 | £203,220 | 6 MAPLE AVENUE |
| 27 Jan 2023 | £83,606 | £84,000 | 46 HAWTHORN AVENUE |
This house has a floor area of 74 sq meters or 798 sq feet when measured on 4 Aug 2010. Using an estimated price of £156,695 means this house is valued at £2,111 per sq meter (£196 per sq foot).
The average size of a house on HAWTHORN AVENUE is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Lilac Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lilac Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lilac Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lilac Avenue |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Hawthorn Avenue |