£83,676
This estimated value is based upon the latest sale price for the house of £50,000 on 9 Jan 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £50,000 | 9 Jan 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 January 2013 the House Price Index for TYNE AND WEAR was 87.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.354%.Applying this 67.354% change to the original purchase price of £50,000 results in an estimated price of approximately £83,676.
| 9 Jan 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 146.7 | 67.354 % | £50,000 | £33,676 | £83,676 |
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 | -11.552 % | £-5,775 | £44,224 |
| 3 Month Average | 6.916 % | £3,458 | £53,458 |
| 6 Month Average | 17.255 % | £8,627 | £58,627 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 12 Dec 2019.
The average size of a house on HONEYSUCKLE AVENUE is 71 sq meters (770 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Orchid Close | |
| Feb 2024 | Anti-social behaviour | On or near Orchid Close | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Orchid Close |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Orchid Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Honeysuckle Avenue |