£914,785
This estimated value is based upon the latest sale price for the house of £750,000 on 10 Jan 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £750,000 | 10 Jan 2020 |
| Detached |
| Freehold |
| Floor Area: 220 sq meters or 2,368 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 January 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £750,000 results in an estimated price of approximately £914,785.
| 10 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £750,000 | £164,785 | £914,785 |
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 | 2.089 % | £15,665 | £765,665 |
| 3 Month Average | -7.673 % | £-57,544 | £692,455 |
| 6 Month Average | 4.877 % | £36,578 | £786,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £921,786 | £910,000 | 59 MOOR CRESCENT |
| 22 Sep 2023 | £1,562,984 | £1,543,000 | 2 WESTFIELD |
| 27 Jun 2023 | £997,078 | £985,000 | 14 WOODLANDS |
| 29 Nov 2022 | £706,443 | £715,000 | 32 WOODLANDS |
| 28 Sep 2021 | £344,830 | £320,000 | FLAT 3 3 WESTFIELD AVENUE |
This house has a floor area of 220 sq meters or 2,368 sq feet when measured on 4 Apr 2019. Using an estimated price of £914,786 means this house is valued at £4,158 per sq meter (£386 per sq foot).
The average size of a house on OAKLANDS is 196 sq meters (2,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Oaklands Avenue | |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Oaklands Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oaklands Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oaklands Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Oaklands Avenue |