£163,185
This estimated value is based upon the latest sale price for the house of £128,000 on 28 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 |
---|---|
£128,000 | 28 Jul 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 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 £128,000 results in an estimated price of approximately £163,185.
28 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £128,000 | £35,185 | £163,185 |
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 | -20.267 % | £-25,942 | £102,057 |
3 Month Average | 17.131 % | £21,927 | £149,927 |
6 Month Average | 24.354 % | £31,172 | £159,172 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £81,202 | £80,000 | 3 LINTHORPE COURT |
29 Sep 2023 | £131,684 | £130,000 | 13 CLOISTER AVENUE |
2 Mar 2023 | £151,427 | £150,000 | 63 COLLIN DRIVE |
17 Feb 2023 | £169,886 | £170,000 | 25 ROBSON CLOSE |
7 Oct 2022 | £128,615 | £130,000 | 63 COLMAN AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 6 Feb 2017. Using an estimated price of £163,186 means this house is valued at £2,147 per sq meter (£199 per sq foot).
The average size of a house on COLMAN AVENUE is 78 sq meters (847 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Brampton Road |
Feb 2024 | Anti-social behaviour | On or near Brampton Road | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Brampton Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Brampton Road |
Feb 2024 | Anti-social behaviour | On or near Brampton Road |