£118,235
This estimated value is based upon the latest sale price for the house of £80,000 on 6 Feb 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 6 Feb 2015 |
| £88,000 | 1 Apr 2010 |
| Semi-Detached |
| 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 2015 the House Price Index for TYNE AND WEAR was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £80,000 results in an estimated price of approximately £118,235.
| 6 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £80,000 | £38,235 | £118,235 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 13.005 % | £10,403 | £90,403 |
| 3 Month Average | 9.091 % | £7,272 | £87,272 |
| 6 Month Average | 19.277 % | £15,421 | £95,421 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £118,273 | £117,000 | 10 REVELL TERRACE |
| 26 Oct 2022 | £38,585 | £39,000 | 69 CHESTNUT AVENUE |
| 18 May 2022 | £140,650 | £138,000 | 12 BRIERYSIDE |
| 24 Mar 2022 | £56,994 | £55,000 | 32 WHITETHORN CRESCENT |
| 28 Feb 2022 | £89,139 | £85,000 | 144 PONTELAND ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 22 Aug 2009. Using an estimated price of £118,235 means this house is valued at £1,424 per sq meter (£132 per sq foot).
The average size of a house on REVELL TERRACE is 118 sq meters (1,277 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Revell Terrace |
| Jan 2024 | Anti-social behaviour | On or near Howat Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Howat Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Howat Avenue | |
| Dec 2023 | Vehicle crime | Under investigation | On or near Howat Avenue |