£153,369
This estimated value is based upon the latest sale price for the house of £84,500 on 1 Jul 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £84,500 | 1 Jul 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 July 2005 the House Price Index for TYNE AND WEAR was 80.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 81.502%.Applying this 81.502% change to the original purchase price of £84,500 results in an estimated price of approximately £153,369.
| 1 Jul 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 146.7 | 81.502 % | £84,500 | £68,869 | £153,369 |
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 | 7.019 % | £5,931 | £90,431 |
| 3 Month Average | 27.808 % | £23,497 | £107,997 |
| 6 Month Average | 34.670 % | £29,296 | £113,796 |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 20 Jun 2019.
The average size of a house on NORTH AVENUE is 118 sq meters (1,271 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Sunderland Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sunderland Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near North Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near North Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Beatrice Gardens |