£465,590
This estimated value is based upon the latest sale price for the house of £440,200 on 15 Dec 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £440,200 | 15 Dec 2021 |
| £291,000 | 16 Mar 2018 |
| £220,000 | 4 Aug 2006 |
| £56,000 | 11 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 December 2021 the House Price Index for TYNE AND WEAR was 138.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.768%.Applying this 5.768% change to the original purchase price of £440,200 results in an estimated price of approximately £465,590.
| 15 Dec 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 146.7 | 5.768 % | £440,200 | £25,390 | £465,590 |
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 | -9.293 % | £-40,907 | £399,292 |
| 3 Month Average | 7.753 % | £34,130 | £474,330 |
| 6 Month Average | 21.448 % | £94,412 | £534,612 |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 3 Jan 2018.
The average size of a house on HOLLY AVENUE is 128 sq meters (1,383 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Beach Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Coquet Avenue |
| Dec 2023 | Burglary | Under investigation | On or near Coquet Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Parade |
| Mar 2024 | Theft from the person | Under investigation | On or near Park Parade |