£165,671
This estimated value is based upon the latest sale price for the house of £129,950 on 7 Jul 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £129,950 | 7 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2017 the House Price Index for TYNE AND WEAR was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £129,950 results in an estimated price of approximately £165,671.
| 7 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £129,950 | £35,721 | £165,671 |
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 | -16.188 % | £-21,036 | £108,913 |
| 3 Month Average | 12.166 % | £15,809 | £145,759 |
| 6 Month Average | 23.502 % | £30,540 | £160,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £85,750 | £85,000 | 82 MELBOURNE GARDENS |
| 21 Jul 2023 | £111,501 | £110,000 | 42 AUSTRALIA GROVE |
| 14 Jul 2023 | £101,364 | £100,000 | 170 INVERNESS ROAD |
| 26 Jun 2023 | £78,956 | £78,000 | 175 INVERNESS ROAD |
| 26 Apr 2023 | £141,524 | £140,000 | 23 BRISBANE AVENUE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 28 Mar 2017. Using an estimated price of £165,672 means this house is valued at £1,624 per sq meter (£150 per sq foot).
The average size of a house on BRISBANE AVENUE is 78 sq meters (845 sq feet).
This house is the largest in the street with a floor area of 102 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Brisbane Avenue | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brisbane Avenue |
| Mar 2024 | Public order | Under investigation | On or near Brisbane Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brisbane Avenue |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Brisbane Avenue |