£101,607
This estimated value is based upon the latest sale price for the house of £80,000 on 7 Aug 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 7 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 August 2017 the House Price Index for TYNE AND WEAR was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £80,000 results in an estimated price of approximately £101,607.
| 7 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £80,000 | £21,607 | £101,607 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | -39.602 % | £-31,681 | £48,318 |
| 3 Month Average | -4.881 % | £-3,905 | £76,094 |
| 6 Month Average | 7.961 % | £6,368 | £86,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £137,029 | £135,000 | 52 ALN CRESCENT |
| 1 Aug 2023 | £170,492 | £169,000 | 20 ALN CRESCENT |
| 21 Feb 2023 | £160,892 | £161,000 | 12 HOWICK AVENUE |
| 21 Feb 2023 | £319,785 | £320,000 | 11 FARNE AVENUE |
| 20 Feb 2023 | £164,889 | £165,000 | 6 FERN AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 27 Apr 2017. Using an estimated price of £101,607 means this house is valued at £1,116 per sq meter (£103 per sq foot).
The average size of a house on HOWICK AVENUE is 109 sq meters (1,178 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Howick Avenue |
| Feb 2024 | Anti-social behaviour | On or near Howick Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Howick Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Howick Avenue | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Aln Crescent |