£136,449
This estimated value is based upon the latest sale price for the house of £79,950 on 14 Oct 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £79,950 | 14 Oct 2011 |
| £87,500 | 18 Dec 2006 |
| £29,000 | 16 Sep 2002 |
| £19,500 | 24 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 October 2011 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.668%.Applying this 70.668% change to the original purchase price of £79,950 results in an estimated price of approximately £136,449.
| 14 Oct 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.668 % | £79,950 | £56,499 | £136,449 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | -1.468 % | £-1,173 | £78,776 |
| 3 Month Average | 32.191 % | £25,737 | £105,687 |
| 6 Month Average | 30.641 % | £24,497 | £104,447 |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 26 Sep 2013.
The average size of a house on BOWNESS AVENUE is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Bowness Avenue | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bowness Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bowness Avenue |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Bowness Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bowness Avenue |