£146,665
This estimated value is based upon the latest sale price for the house of £85,500 on 14 Jan 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 |
---|---|
£85,500 | 14 Jan 2011 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 2011 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £85,500 results in an estimated price of approximately £146,665.
14 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.539 % | £85,500 | £61,165 | £146,665 |
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 | -8.628 % | £-7,377 | £78,122 |
3 Month Average | 30.882 % | £26,404 | £111,904 |
6 Month Average | 28.231 % | £24,137 | £109,637 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £113,957 | £112,500 | 56 BOSWELL AVENUE |
11 Sep 2023 | £76,984 | £76,000 | 31 HAZLITT AVENUE |
19 Jun 2023 | £65,797 | £65,000 | 3 GASKELL AVENUE |
4 Apr 2023 | £91,990 | £91,000 | 17 HAZLITT AVENUE |
31 Mar 2023 | £98,427 | £97,500 | 100 CHESTERTON ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 2 Jun 2012. Using an estimated price of £146,666 means this house is valued at £2,156 per sq meter (£200 per sq foot).
The average size of a house on MORRIS AVENUE is 84 sq meters (909 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Morris Avenue |
Dec 2023 | Anti-social behaviour | On or near Morris Avenue | |
Dec 2023 | Anti-social behaviour | On or near Morris Avenue | |
Dec 2023 | Anti-social behaviour | On or near Morris Avenue | |
Dec 2023 | Anti-social behaviour | On or near Morris Avenue |