£248,616
This estimated value is based upon the latest sale price for the house of £155,000 on 22 Nov 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £155,000 | 22 Nov 2013 |
| £171,000 | 20 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 2013 the House Price Index for TYNE AND WEAR was 91.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 60.398%.Applying this 60.398% change to the original purchase price of £155,000 results in an estimated price of approximately £248,616.
| 22 Nov 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 146.7 | 60.398 % | £155,000 | £93,616 | £248,616 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 39.191 % | £60,746 | £215,746 |
| 3 Month Average | 34.182 % | £52,982 | £207,982 |
| 6 Month Average | 43.806 % | £67,898 | £222,898 |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 20 Apr 2012.
There is one other house on the street which we know the size of, this is 5 CRESCENT VALE it is 136.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Jesmond Terrace |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Marden Road |
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Laburnum Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Laburnum Avenue |
| Dec 2023 | Burglary | Under investigation | On or near Laburnum Avenue |