£237,070
This estimated value is based upon the latest sale price for the house of £220,000 on 30 Sep 2021. 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 Alnwick Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £220,000 | 30 Sep 2021 |
| £85,000 | 20 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £220,000 results in an estimated price of approximately £237,070.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £220,000 | £17,070 | £237,070 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 28.291 % | £62,240 | £282,240 |
| 3 Month Average | 46.134 % | £101,493 | £321,493 |
| 6 Month Average | 17.828 % | £39,220 | £259,220 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £322,779 | £318,000 | 30 ALNWICK AVENUE |
| 7 Jul 2023 | £162,183 | £160,000 | 164 - 166 PARK VIEW |
| 1 Jun 2023 | £315,826 | £312,000 | 8 ALNWICK AVENUE |
| 30 Mar 2023 | £338,186 | £335,000 | 24 ALNWICK AVENUE |
| 30 Mar 2023 | £252,378 | £250,000 | 69 PARK PARADE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 10 Mar 2021. Using an estimated price of £237,070 means this house is valued at £2,347 per sq meter (£218 per sq foot).
The average size of a house on PARK VIEW is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Alnwick Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Gardens |
| Feb 2024 | Anti-social behaviour | On or near Park Gardens | |
| Feb 2024 | Drugs | Under investigation | On or near Park Gardens |