£254,597
This estimated value is based upon the latest sale price for the house of £251,000 on 21 Jun 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 |
---|---|
£251,000 | 21 Jun 2022 |
£160,000 | 30 Jun 2006 |
£170,000 | 12 Aug 2003 |
Semi-Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 June 2022 the House Price Index for TYNE AND WEAR was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £251,000 results in an estimated price of approximately £254,597.
21 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 148.6 | 1.433 % | £251,000 | £3,597 | £254,597 |
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 | 28.539 % | £71,633 | £322,633 |
3 Month Average | 2.704 % | £6,786 | £257,786 |
6 Month Average | 5.034 % | £12,636 | £263,636 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £400,210 | £393,208 | 49 NORTHUMBERLAND AVENUE |
18 Dec 2023 | £180,152 | £177,000 | 423 SALTERS ROAD |
17 Nov 2023 | £141,089 | £139,000 | 421 SALTERS ROAD |
10 Nov 2023 | £151,239 | £149,000 | 5 DELAVAL TERRACE |
18 Sep 2023 | £774,908 | £765,000 | 48 NORTHUMBERLAND AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 9 Sep 2021. Using an estimated price of £254,598 means this house is valued at £2,448 per sq meter (£227 per sq foot).
The average size of a house on GLENDALE AVENUE is 114 sq meters (1,231 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Northumberland Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Northumberland Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northumberland Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northumberland Avenue |
Feb 2024 | Anti-social behaviour | On or near Kenton Road |