£107,303
This estimated value is based upon the latest sale price for the house of £87,000 on 26 Jul 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 |
|---|---|
| £87,000 | 26 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2019 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £87,000 results in an estimated price of approximately £107,303.
| 26 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £87,000 | £20,303 | £107,303 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 7.706 % | £6,704 | £93,704 |
| 3 Month Average | 23.402 % | £20,359 | £107,359 |
| 6 Month Average | 19.317 % | £16,805 | £103,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £131,684 | £130,000 | 96 SUTHERLAND AVENUE |
| 26 Apr 2023 | £85,925 | £85,000 | 136 SEVERUS ROAD |
| 13 Feb 2023 | £174,882 | £175,000 | 60 HADRIAN ROAD |
| 22 Aug 2022 | £109,705 | £110,000 | 89 SEVERUS ROAD |
| 1 Aug 2022 | £177,522 | £178,000 | 139 CEDAR ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 26 Nov 2018. Using an estimated price of £107,304 means this house is valued at £1,676 per sq meter (£155 per sq foot).
The average size of a house on SUTHERLAND AVENUE is 104 sq meters (1,125 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Brand Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hoyle Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hoyle Avenue |
| Feb 2024 | Other crime | Under investigation | On or near Hoyle Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hoyle Avenue |