£276,527
This estimated value is based upon the latest sale price for the house of £160,000 on 18 Dec 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £160,000 | 18 Dec 2009 |
| £23,000 | 17 Oct 2002 |
| Flats/Maisonettes |
| Freehold |
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 December 2009 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £160,000 results in an estimated price of approximately £276,527.
| 18 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £160,000 | £116,527 | £276,527 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | -1.838 % | £-2,940 | £157,059 |
| 3 Month Average | 10.131 % | £16,209 | £176,209 |
| 6 Month Average | 13.130 % | £21,007 | £181,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £195,000 | £195,000 | 120 SUTHERLAND AVENUE |
| 25 Apr 2023 | £195,101 | £193,000 | 138 SUTHERLAND AVENUE |
| 30 Jun 2022 | £81,147 | £80,000 | 82 SEVERUS ROAD |
| 15 Oct 2020 | £117,308 | £100,000 | 65 GOWLAND AVENUE |
| 6 Dec 2019 | £186,468 | £152,000 | 7 HALL AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Severus Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Severus Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Severus Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hall Avenue |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Sutherland Avenue |