£221,714
This estimated value is based upon the latest sale price for the house of £150,000 on 24 Nov 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£150,000 | 24 Nov 2014 |
£118,000 | 26 May 2005 |
£98,000 | 23 Jul 2003 |
£60,000 | 8 Jul 2002 |
£49,950 | 2 Mar 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 124 sq meters or 1,337 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 November 2014 the House Price Index for TYNE AND WEAR was 99.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.810%.Applying this 47.810% change to the original purchase price of £150,000 results in an estimated price of approximately £221,714.
24 Nov 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 146.7 | 47.810 % | £150,000 | £71,714 | £221,714 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 88.509 % | £132,763 | £282,763 |
3 Month Average | 37.172 % | £55,758 | £205,758 |
6 Month Average | 43.683 % | £65,524 | £215,524 |
This house has a floor area of 124 sq meters or 1,337 sq feet when measured on 2 Feb 2010.
The average size of a house on CAMBRIDGE AVENUE is 90 sq meters (977 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Oxford Street | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oxford Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |
Mar 2024 | Public order | Under investigation | On or near Park Avenue |
Mar 2024 | Theft from the person | Under investigation | On or near Park Avenue |