£91,941
This estimated value is based upon the latest sale price for the house of £80,000 on 14 Jul 2021. 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 St Oswald Avenue
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Price Paid | Date |
---|---|
£80,000 | 14 Jul 2021 |
£80,000 | 10 Feb 2009 |
£64,000 | 30 May 2008 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 July 2021 the House Price Index for TYNE AND WEAR was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £80,000 results in an estimated price of approximately £91,941.
14 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 148.6 | 14.927 % | £80,000 | £11,941 | £91,941 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 13.118 % | £10,494 | £90,494 |
3 Month Average | -18.121 % | £-14,497 | £65,502 |
6 Month Average | 2.935 % | £2,348 | £82,348 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £105,019 | £104,100 | 49 ROMAN AVENUE |
16 Jun 2023 | £87,561 | £86,500 | 392 GRACE STREET |
17 Mar 2023 | £111,046 | £110,000 | 35 ORPINGTON AVENUE |
27 Feb 2023 | £139,906 | £140,000 | 87 ROMAN AVENUE |
8 Feb 2023 | £94,936 | £95,000 | 47 ROMAN AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 16 Dec 2014. Using an estimated price of £91,941 means this house is valued at £1,069 per sq meter (£99 per sq foot).
The average size of a house on ROMAN AVENUE is 82 sq meters (882 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near St Oswald Avenue |
Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near St Oswald Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near St Oswald Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near St Oswald Avenue |
Feb 2024 | Burglary | Awaiting court outcome | On or near St Oswald Avenue |