£137,474
This estimated value is based upon the latest sale price for the house of £85,000 on 12 Mar 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,000 | 12 Mar 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 March 2007 the House Price Index for TYNE AND WEAR was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £85,000 results in an estimated price of approximately £137,474.
| 12 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.735 % | £85,000 | £52,474 | £137,474 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -1.946 % | £-1,654 | £83,345 |
| 3 Month Average | 9.406 % | £7,994 | £92,994 |
| 6 Month Average | 8.350 % | £7,097 | £92,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £64,829 | £64,000 | 60 STATION AVENUE NORTH |
| 8 Sep 2023 | £105,347 | £104,000 | 31 GRANGE AVENUE |
| 26 Jul 2023 | £76,023 | £75,000 | 22 MURRAY AVENUE |
| 14 Apr 2023 | £85,925 | £85,000 | 11 GRANGE AVENUE |
| 1 Aug 2022 | £68,815 | £69,000 | 2 MORLEY TERRACE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 18 Jul 2013. Using an estimated price of £137,475 means this house is valued at £1,617 per sq meter (£150 per sq foot).
The average size of a house on ROSE AVENUE is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Rose Avenue |
| Mar 2024 | Possession of weapons | Under investigation | On or near Rose Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rose Avenue |
| Jan 2024 | Anti-social behaviour | On or near Rose Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Rose Avenue |