£321,377
This estimated value is based upon the latest sale price for the house of £186,500 on 12 May 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Briarwood Avenue
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| Price Paid | Date |
|---|---|
| £186,500 | 12 May 2006 |
| £157,000 | 19 Mar 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 664 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 May 2006 the House Price Index for TYNE AND WEAR was 85.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 72.320%.Applying this 72.320% change to the original purchase price of £186,500 results in an estimated price of approximately £321,377.
| 12 May 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 146.7 | 72.320 % | £186,500 | £134,877 | £321,377 |
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 | 35.935 % | £67,018 | £253,518 |
| 3 Month Average | 18.833 % | £35,123 | £221,623 |
| 6 Month Average | 25.761 % | £48,045 | £234,545 |
This house has a floor area of 61 sq meters or 664 sq feet when measured on 13 Aug 2011.
The average size of a house on FERNWOOD AVENUE is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Briarwood Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Hollywood Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Hollywood Avenue |
| Jan 2024 | Other crime | Under investigation | On or near Hollywood Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hollywood Avenue |