£149,266
This estimated value is based upon the latest sale price for the house of £116,500 on 30 Jun 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 |
|---|---|
| £116,500 | 30 Jun 2017 |
| £124,000 | 27 Apr 2007 |
| £55,000 | 19 Dec 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 June 2017 the House Price Index for TYNE AND WEAR was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £116,500 results in an estimated price of approximately £149,266.
| 30 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £116,500 | £32,766 | £149,266 |
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 | 6.600 % | £7,688 | £124,188 |
| 3 Month Average | 14.060 % | £16,379 | £132,879 |
| 6 Month Average | 22.836 % | £26,604 | £143,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £132,315 | £130,000 | 36 TITIAN AVENUE |
| 1 Dec 2023 | £109,923 | £108,000 | 57 TITIAN AVENUE |
| 4 Aug 2023 | £129,130 | £128,000 | 8 TITIAN AVENUE |
| 10 Feb 2023 | £129,913 | £130,000 | 47 MILLAIS GARDENS |
| 27 Jan 2023 | £133,372 | £134,000 | 81 REMBRANDT AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 24 Mar 2017. Using an estimated price of £149,266 means this house is valued at £1,798 per sq meter (£167 per sq foot).
The average size of a house on REMBRANDT AVENUE is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Titian Avenue | |
| Jan 2024 | Public order | Under investigation | On or near Titian Avenue |