£81,354
This estimated value is based upon the latest sale price for the house of £79,000 on 25 Apr 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£79,000 | 25 Apr 2022 |
£68,000 | 23 May 1997 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 860 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 2022 the House Price Index for TYNE AND WEAR was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £79,000 results in an estimated price of approximately £81,354.
25 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.6 | 2.980 % | £79,000 | £2,354 | £81,354 |
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 | 18.583 % | £14,680 | £93,680 |
3 Month Average | 7.507 % | £5,930 | £84,930 |
6 Month Average | 6.184 % | £4,885 | £83,885 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £202,590 | £200,000 | 27 CENTRAL AVENUE |
22 Sep 2023 | £157,007 | £155,000 | 34 WEST AVENUE |
30 Jun 2023 | £245,256 | £242,285 | 8 WEST AVENUE |
22 Mar 2023 | £267,520 | £265,000 | 29 CENTRAL GARDENS |
3 Feb 2023 | £229,845 | £230,000 | 29 WEST AVENUE |
This house has a floor area of 79 sq meters or 860 sq feet when measured on 2 Oct 2008. Using an estimated price of £81,354 means this house is valued at £1,018 per sq meter (£94 per sq foot).
The average size of a house on CENTRAL GARDENS is 102 sq meters (1,101 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Beatrice Gardens |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near North Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near North Avenue |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near South Avenue |
Mar 2024 | Shoplifting | Under investigation | On or near South Avenue |