£158,235
This estimated value is based upon the latest sale price for the house of £95,000 on 7 Jun 2013. 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
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| Price Paid | Date |
|---|---|
| £95,000 | 7 Jun 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2013 the House Price Index for TYNE AND WEAR was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £95,000 results in an estimated price of approximately £158,235.
| 7 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £95,000 | £63,235 | £158,235 |
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 | -7.285 % | £-6,920 | £88,079 |
| 3 Month Average | 22.636 % | £21,503 | £116,503 |
| 6 Month Average | 19.895 % | £18,900 | £113,900 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £83,232 | £82,000 | 8 SHELLEY AVENUE |
| 29 Sep 2023 | £177,267 | £175,000 | 49 OAK AVENUE |
| 22 Sep 2023 | £121,554 | £120,000 | 97 GORSE AVENUE |
| 7 Aug 2023 | £116,015 | £115,000 | 24 BRADLEY AVENUE |
| 13 Jul 2023 | £86,160 | £85,000 | 9 BRADLEY AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 Jan 2013. Using an estimated price of £158,235 means this house is valued at £2,109 per sq meter (£196 per sq foot).
The average size of a house on HOLLY AVENUE is 136 sq meters (1,467 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Holly Avenue | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Holly Avenue |
| Feb 2024 | Anti-social behaviour | On or near Holly Avenue | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Holly Avenue |
| Jan 2024 | Anti-social behaviour | On or near Holly Avenue |