£196,537
This estimated value is based upon the latest sale price for the house of £34,500 on 20 Oct 1995. 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 Rowan Avenue
More crime details
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Price Paid | Date |
---|---|
£34,500 | 20 Oct 1995 |
Terraced |
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 October 1995 the House Price Index for TYNE AND WEAR was 26.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 469.674%.Applying this 469.674% change to the original purchase price of £34,500 results in an estimated price of approximately £196,537.
20 Oct 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.1 | 148.6 | 469.674 % | £34,500 | £162,037 | £196,537 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 265.465 % | £91,585 | £126,085 |
3 Month Average | 227.625 % | £78,530 | £113,030 |
6 Month Average | 292.095 % | £100,772 | £135,272 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £131,684 | £130,000 | 21 ROWAN AVENUE |
1 Sep 2023 | £149,917 | £148,000 | 34 ST GEORGES ESTATE |
26 Jun 2023 | £111,349 | £110,000 | 27 PINEWOOD AVENUE |
24 Mar 2023 | £100,901 | £99,950 | 8 PINEWOOD AVENUE |
19 Jan 2023 | £89,578 | £90,000 | 24 PINEWOOD AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Rowan Avenue |
Jan 2024 | Burglary | Under investigation | On or near Rowan Avenue |
Dec 2023 | Burglary | Awaiting court outcome | On or near Rowan Avenue |
Dec 2023 | Criminal damage and arson | Under investigation | On or near Rowan Avenue |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Rowan Avenue |