£192,602
This estimated value is based upon the latest sale price for the house of £120,000 on 12 Dec 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£120,000 | 12 Dec 2013 |
£117,500 | 23 Apr 2013 |
£130,750 | 12 Sep 2003 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 977 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 2013 the House Price Index for TYNE AND WEAR was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £120,000 results in an estimated price of approximately £192,602.
12 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 148.6 | 60.502 % | £120,000 | £72,602 | £192,602 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | 61.494 % | £73,792 | £193,792 |
3 Month Average | 27.235 % | £32,682 | £152,682 |
6 Month Average | 28.149 % | £33,778 | £153,778 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £396,945 | £390,000 | 16 BERKLEY AVENUE |
28 Nov 2023 | £324,809 | £320,000 | 44 SHIBDON ROAD |
18 Nov 2022 | £424,854 | £430,000 | 4 WOODLANDS PARK DRIVE |
28 Jul 2022 | £382,028 | £381,000 | 4 ASHLEIGH CLOSE |
22 Jun 2022 | £468,115 | £461,500 | 30 WOODLANDS PARK DRIVE |
This house has a floor area of 90 sq meters or 977 sq feet when measured on 12 Jan 2009. Using an estimated price of £192,602 means this house is valued at £2,120 per sq meter (£196 per sq foot).
The average size of a house on THE AVENUE is 141 sq meters (1,522 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shibdon Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Clavering Way |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shibdon Park View |
Mar 2024 | Possession of weapons | Under investigation | On or near Shibdon Park View |
Mar 2024 | Public order | Under investigation | On or near Shibdon Park View |