£172,550
This estimated value is based upon the latest sale price for the house of £49,950 on 16 Mar 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £49,950 | 16 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,015 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 March 2001 the House Price Index for TYNE AND WEAR was 42.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 245.446%.Applying this 245.446% change to the original purchase price of £49,950 results in an estimated price of approximately £172,550.
| 16 Mar 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 146.7 | 245.446 % | £49,950 | £122,600 | £172,550 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 144.318 % | £72,086 | £122,036 |
| 3 Month Average | 205.696 % | £102,745 | £152,695 |
| 6 Month Average | 179.734 % | £89,777 | £139,727 |
This house has a floor area of 94 sq meters or 1,015 sq feet when measured on 20 Aug 2009.
The average size of a house on JOHNSTON AVENUE is 93 sq meters (1,003 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Johnston Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Johnston Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birtwistle Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Toner Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Wilkinson Avenue |