£164,642
This estimated value is based upon the latest sale price for the house of £95,000 on 3 Jun 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £95,000 | 3 Jun 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,465 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 June 2011 the House Price Index for TYNE AND WEAR was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £95,000 results in an estimated price of approximately £164,642.
| 3 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £95,000 | £69,642 | £164,642 |
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 | -3.044 % | £-2,891 | £92,108 |
| 3 Month Average | 13.210 % | £12,549 | £107,549 |
| 6 Month Average | 21.919 % | £20,822 | £115,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £96,230 | £95,000 | 108 SYCAMORE AVENUE |
| 12 Jul 2023 | £136,842 | £135,000 | 164 ASHGROVE AVENUE |
| 18 Jan 2023 | £149,297 | £150,000 | 37 ROWAN DRIVE |
| 5 Aug 2022 | £144,611 | £145,000 | 64 HAWTHORNE AVENUE |
| 7 Jun 2022 | £187,652 | £185,000 | 45 HAWTHORNE AVENUE |
This house has a floor area of 136 sq meters or 1,465 sq feet when measured on 21 Mar 2011. Using an estimated price of £164,642 means this house is valued at £1,209 per sq meter (£112 per sq foot).
The average size of a house on HAWTHORNE AVENUE is 99 sq meters (1,074 sq feet).
This house is the largest in the street with a floor area of 136 sq meters (1,465 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hawthorne Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Myrtle Grove |
| Mar 2024 | Vehicle crime | Under investigation | On or near Rowan Drive |
| Mar 2024 | Anti-social behaviour | On or near Rowan Drive | |
| Mar 2024 | Anti-social behaviour | On or near Rowan Drive |