£120,213
This estimated value is based upon the latest sale price for the house of £93,000 on 3 Apr 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 |
|---|---|
| £93,000 | 3 Apr 2017 |
| £84,000 | 11 May 2012 |
| £23,000 | 29 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2017 the House Price Index for TYNE AND WEAR was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £93,000 results in an estimated price of approximately £120,213.
| 3 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £93,000 | £27,213 | £120,213 |
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 | -4.621 % | £-4,297 | £88,702 |
| 3 Month Average | 20.667 % | £19,220 | £112,220 |
| 6 Month Average | 30.352 % | £28,227 | £121,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £137,404 | £135,000 | 8 CROSS WAY |
| 30 Jun 2023 | £104,263 | £103,000 | 18 CENTENARY AVENUE |
| 14 Apr 2023 | £131,364 | £129,950 | 44 CENTENARY AVENUE |
| 3 Mar 2023 | £141,332 | £140,000 | 9 BOROUGH ROAD |
| 24 Jan 2023 | £89,578 | £90,000 | 6 DUNLOP CRESCENT |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 4 Feb 2017. Using an estimated price of £120,214 means this house is valued at £1,821 per sq meter (£169 per sq foot).
The average size of a house on CENTENARY AVENUE is 84 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Dunlop Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near York Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Crossway |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Crossway |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Crossway |