£259,711
This estimated value is based upon the latest sale price for the house of £230,000 on 23 Apr 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Coquet Avenue
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| Price Paid | Date |
|---|---|
| £230,000 | 23 Apr 2021 |
| Detached |
| Freehold |
| Floor Area: 577 sq meters or 6,210 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 April 2021 the House Price Index for TYNE AND WEAR was 131.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 12.918%.Applying this 12.918% change to the original purchase price of £230,000 results in an estimated price of approximately £259,711.
| 23 Apr 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.6 | 12.918 % | £230,000 | £29,711 | £259,711 |
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 | 6.400 % | £14,719 | £244,719 |
| 3 Month Average | 15.840 % | £36,431 | £266,431 |
| 6 Month Average | 3.908 % | £8,988 | £238,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £426,312 | £420,000 | 17 BEACH AVENUE |
| 21 Aug 2023 | £322,824 | £320,000 | 5 BEACH AVENUE |
| 24 Feb 2023 | £379,744 | £380,000 | 36 HOLLY AVENUE |
| 15 Jul 2022 | £376,012 | £375,000 | 32 HOLLY AVENUE |
| 14 Jul 2022 | £417,624 | £416,500 | 20 BEACH AVENUE |
This house has a floor area of 577 sq meters or 6,210 sq feet when measured on 16 May 2019. Using an estimated price of £259,711 means this house is valued at £450 per sq meter (£41 per sq foot).
The average size of a house on COQUET AVENUE is 165 sq meters (1,781 sq feet).
This house is the largest in the street with a floor area of 577 sq meters (6,210 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Coquet Avenue |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Marine Gardens |
| Jan 2024 | Burglary | Under investigation | On or near Marine Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Beach Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park View |