£685,353
This estimated value is based upon the latest sale price for the house of £539,500 on 12 May 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £539,500 | 12 May 2017 |
| £455,000 | 3 Mar 2006 |
| £165,000 | 2 Aug 2000 |
| Detached |
| Freehold |
| Floor Area: 293 sq meters or 3,153 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 May 2017 the House Price Index for TYNE AND WEAR was 115.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.035%.Applying this 27.035% change to the original purchase price of £539,500 results in an estimated price of approximately £685,353.
| 12 May 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 146.7 | 27.035 % | £539,500 | £145,853 | £685,353 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | -39.049 % | £-210,671 | £328,828 |
| 3 Month Average | 11.519 % | £62,144 | £601,644 |
| 6 Month Average | 16.929 % | £91,329 | £630,829 |
This house has a floor area of 293 sq meters or 3,153 sq feet when measured on 2 Oct 2014.
The average size of a house on EAST AVENUE is 173 sq meters (1,867 sq feet).
This house is the largest in the street with a floor area of 293 sq meters (3,153 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Thornhill Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near The Grove |
| Dec 2023 | Anti-social behaviour | On or near West Avenue | |
| Dec 2023 | Anti-social behaviour | On or near West Avenue | |
| Dec 2023 | Anti-social behaviour | On or near West Avenue |