£128,233
This estimated value is based upon the latest sale price for the house of £119,000 on 23 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £119,000 | 23 Sep 2021 |
| £83,000 | 22 Feb 2013 |
| £36,000 | 3 Feb 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 £119,000 results in an estimated price of approximately £128,233.
| 23 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £119,000 | £9,233 | £128,233 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -13.675 % | £-16,272 | £102,727 |
| 3 Month Average | -2.593 % | £-3,085 | £115,914 |
| 6 Month Average | 4.986 % | £5,933 | £124,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £142,104 | £140,000 | 7 HISTON COURT |
| 13 Feb 2023 | £99,933 | £100,000 | 27 CRAGSTON AVENUE |
| 10 May 2022 | £119,247 | £117,000 | 3 REDCROFT GREEN |
| 14 Dec 2021 | £141,957 | £132,500 | 5 RENFREW GREEN |
| 24 Nov 2021 | £102,744 | £95,000 | 19 REDCROFT GREEN |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 28 Oct 2016. Using an estimated price of £128,234 means this house is valued at £2,210 per sq meter (£205 per sq foot).
The average size of a house on HEATHCOTE GREEN is 71 sq meters (770 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Redcliffe Way |
| Mar 2024 | Anti-social behaviour | On or near Avonlea Way | |
| Mar 2024 | Anti-social behaviour | On or near Avonlea Way | |
| Mar 2024 | Other theft | Under investigation | On or near Avonlea Way |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Avonlea Way |