£93,846
This estimated value is based upon the latest sale price for the house of £80,000 on 2 Oct 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 |
|---|---|
| £80,000 | 2 Oct 2020 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £80,000 results in an estimated price of approximately £93,846.
| 2 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £80,000 | £13,846 | £93,846 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 27.617 % | £22,093 | £102,093 |
| 3 Month Average | -13.193 % | £-10,554 | £69,445 |
| 6 Month Average | 5.008 % | £4,006 | £84,006 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £81,202 | £80,000 | 26 BELMONT WALK |
| 14 Jun 2023 | £80,981 | £80,000 | 18 OXTED PLACE |
| 28 Apr 2023 | £111,197 | £110,000 | 188 ST ANTHONYS ROAD |
| 10 Jan 2023 | £52,951 | £53,200 | 298 ST ANTHONYS ROAD |
| 4 Nov 2022 | £92,875 | £94,000 | 11 BURSTOW AVENUE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 11 Mar 2020. Using an estimated price of £93,847 means this house is valued at £1,564 per sq meter (£145 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Clipstone Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Clipstone Avenue |
| Feb 2024 | Other crime | Under investigation | On or near Clipstone Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Clipstone Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Clipstone Avenue |