£237,877
This estimated value is based upon the latest sale price for the house of £140,000 on 12 Mar 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£140,000 | 12 Mar 2010 |
£57,500 | 27 Oct 1995 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 972 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 March 2010 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.912%.Applying this 69.912% change to the original purchase price of £140,000 results in an estimated price of approximately £237,877.
12 Mar 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.912 % | £140,000 | £97,877 | £237,877 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 53.600 % | £75,040 | £215,040 |
3 Month Average | 20.661 % | £28,925 | £168,925 |
6 Month Average | 37.365 % | £52,311 | £192,311 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £273,497 | £270,000 | 54 AVEBURY DRIVE |
28 Jul 2023 | £217,933 | £215,000 | 53 AVEBURY DRIVE |
9 Mar 2023 | £313,958 | £311,000 | HELMDON HOUSE GLEBE CRESCENT |
3 Feb 2023 | £182,377 | £182,500 | GLENHOLME GLEBE CRESCENT |
15 Oct 2021 | £188,101 | £170,000 | 59 AVEBURY DRIVE |
This house has a floor area of 90 sq meters or 972 sq feet when measured on 1 Dec 2009. Using an estimated price of £237,877 means this house is valued at £2,634 per sq meter (£244 per sq foot).
The average size of a house on AVEBURY DRIVE is 95 sq meters (1,032 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Glebe Crescent | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glebe Crescent |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glebe Crescent |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glebe Crescent |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glebe Crescent |