£133,325
This estimated value is based upon the latest sale price for the house of £127,650 on 28 Feb 2022. 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 Holly Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £127,650 | 28 Feb 2022 |
| £94,500 | 17 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2022 the House Price Index for TYNE AND WEAR was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £127,650 results in an estimated price of approximately £133,325.
| 28 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £127,650 | £5,675 | £133,325 |
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 | -20.384 % | £-26,019 | £101,630 |
| 3 Month Average | -2.642 % | £-3,373 | £124,276 |
| 6 Month Average | -2.236 % | £-2,854 | £124,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Sep 2022 | £138,318 | £140,000 | 3 HOLLY AVENUE |
| 7 Sep 2022 | £86,449 | £87,500 | 34 KYFFIN VIEW |
| 15 Jul 2022 | £119,838 | £120,000 | 53 OAK AVENUE |
| 6 May 2022 | £284,225 | £280,000 | 32 SUNNIRISE |
| 28 Feb 2022 | £133,325 | £127,650 | 74 QUARRY LANE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 18 May 2017. Using an estimated price of £133,325 means this house is valued at £1,754 per sq meter (£162 per sq foot).
The average size of a house on QUARRY LANE is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Holly Avenue | |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Holly Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Holly Avenue |
| Feb 2024 | Anti-social behaviour | On or near Holly Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Holly Avenue |