£225,557
This estimated value is based upon the latest sale price for the house of £184,950 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £184,950 | 25 Jan 2019 |
| £94,000 | 21 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.956%.Applying this 21.956% change to the original purchase price of £184,950 results in an estimated price of approximately £225,557.
| 25 Jan 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.956 % | £184,950 | £40,607 | £225,557 |
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 | 15.635 % | £28,917 | £213,867 |
| 3 Month Average | 6.988 % | £12,923 | £197,873 |
| 6 Month Average | 10.520 % | £19,456 | £204,406 |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 27 May 2016.
The average size of a house on MOORE AVENUE is 174 sq meters (1,876 sq feet).
This house is the smallest in the street with a floor area of 106 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Awaiting court outcome | On or near Moore Avenue |
| Mar 2024 | Other crime | Under investigation | On or near Moore Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |