£561,713
This estimated value is based upon the latest sale price for the house of £450,000 on 27 Apr 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £450,000 | 27 Apr 2018 |
| £320,000 | 22 Feb 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 192 sq meters or 2,066 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 2018 the House Price Index for TYNE AND WEAR was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £450,000 results in an estimated price of approximately £561,713.
| 27 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £450,000 | £111,713 | £561,713 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | -1.142 % | £-5,138 | £444,861 |
| 3 Month Average | 0.309 % | £1,389 | £451,389 |
| 6 Month Average | 9.431 % | £42,439 | £492,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £151,239 | £149,000 | 5 DELAVAL TERRACE |
| 20 Apr 2023 | £111,197 | £110,000 | 27 ASHBURTON ROAD |
| 17 Feb 2023 | £874,412 | £875,000 | 24 NORTHUMBERLAND AVENUE |
| 16 Feb 2023 | £1,024,311 | £1,025,000 | 18 NORTHUMBERLAND AVENUE |
| 3 Feb 2023 | £389,738 | £390,000 | 12 OTTERBURN AVENUE |
This house has a floor area of 192 sq meters or 2,066 sq feet when measured on 8 Nov 2017. Using an estimated price of £561,713 means this house is valued at £2,925 per sq meter (£271 per sq foot).
The average size of a house on DOUGLAS AVENUE is 153 sq meters (1,646 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Ashburton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ashburton Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Northumberland Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Northumberland Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northumberland Avenue |