£129,410
This estimated value is based upon the latest sale price for the house of £125,000 on 17 Feb 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £125,000 | 17 Feb 2022 |
| £107,000 | 1 Dec 2017 |
| £105,000 | 11 Sep 2015 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 February 2022 the House Price Index for TYNE AND WEAR was 141.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.529%.Applying this 3.529% change to the original purchase price of £125,000 results in an estimated price of approximately £129,410.
| 17 Feb 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 146.7 | 3.529 % | £125,000 | £4,410 | £129,410 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | -9.310 % | £-11,638 | £113,361 |
| 3 Month Average | -8.064 % | £-10,080 | £114,919 |
| 6 Month Average | -7.346 % | £-9,182 | £115,817 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 7 Apr 2015.
The average size of a house on CYPRESS AVENUE is 90 sq meters (977 sq feet).
This house is the largest in the street with a floor area of 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenway |
| Mar 2024 | Other theft | Under investigation | On or near Greenway |
| Feb 2024 | Other theft | Under investigation | On or near Greenway |
| Feb 2024 | Vehicle crime | Under investigation | On or near Greenway |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greenway |