£162,556
This estimated value is based upon the latest sale price for the house of £135,000 on 17 Jan 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £135,000 | 17 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,157 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 January 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.412%.Applying this 20.412% change to the original purchase price of £135,000 results in an estimated price of approximately £162,556.
| 17 Jan 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 146.7 | 20.412 % | £135,000 | £27,556 | £162,556 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | 81.697 % | £110,291 | £245,291 |
| 3 Month Average | 39.797 % | £53,726 | £188,726 |
| 6 Month Average | 18.092 % | £24,423 | £159,423 |
This house has a floor area of 107 sq meters or 1,157 sq feet when measured on 1 Nov 2010.
The average size of a house on PARKSIDE AVENUE is 110 sq meters (1,185 sq feet).
This house is the largest in the street with a floor area of 107 sq meters (1,157 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkside Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eastlands |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eastlands |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Eastlands |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near West Park Gardens |