£147,743
This estimated value is based upon the latest sale price for the house of £122,000 on 4 Jun 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 |
|---|---|
| £122,000 | 4 Jun 2020 |
| £100,000 | 22 Aug 2005 |
| £51,950 | 22 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 June 2020 the House Price Index for TYNE AND WEAR was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £122,000 results in an estimated price of approximately £147,743.
| 4 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £122,000 | £25,743 | £147,743 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -1.785 % | £-2,177 | £119,822 |
| 3 Month Average | 35.277 % | £43,037 | £165,037 |
| 6 Month Average | 17.250 % | £21,045 | £143,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £63,439 | £62,500 | 17 EBOR STREET |
| 29 Nov 2023 | £97,443 | £96,000 | 51 WENLOCK ROAD |
| 18 Aug 2023 | £60,530 | £60,000 | 3 WENLOCK ROAD |
| 11 Aug 2023 | £80,706 | £80,000 | 64 FOX AVENUE |
| 14 Oct 2022 | £162,253 | £164,000 | 32 LAYBOURN GARDENS |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 22 Aug 2019. Using an estimated price of £147,744 means this house is valued at £2,272 per sq meter (£211 per sq foot).
The average size of a house on FOX AVENUE is 83 sq meters (901 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Laybourn Gardens | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Laybourn Gardens |
| Mar 2024 | Anti-social behaviour | On or near Laybourn Gardens | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Laybourn Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Laybourn Gardens |