£671,012
This estimated value is based upon the latest sale price for the house of £415,000 on 9 Dec 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£415,000 | 9 Dec 2013 |
Semi-Detached |
Freehold |
Floor Area: 278 sq meters or 2,992 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 December 2013 the House Price Index for TYNE AND WEAR was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £415,000 results in an estimated price of approximately £671,012.
9 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 149.7 | 61.690 % | £415,000 | £256,012 | £671,012 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 15.580 % | £64,657 | £479,657 |
3 Month Average | 33.385 % | £138,548 | £553,548 |
6 Month Average | 45.457 % | £188,646 | £603,646 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Feb 2023 | £1,208,070 | £1,200,000 | 92 MARINE AVENUE |
7 Oct 2022 | £760,460 | £763,000 | 26 HOLYWELL AVENUE |
5 Aug 2022 | £251,174 | £250,000 | 14 QUEENS ROAD |
11 Jan 2022 | £636,119 | £600,000 | 19 HAWTHORN GARDENS |
28 Jun 2021 | £429,050 | £396,950 | 8 QUEENS ROAD |
This house has a floor area of 278 sq meters or 2,992 sq feet when measured on 15 Mar 2013. Using an estimated price of £671,013 means this house is valued at £2,413 per sq meter (£224 per sq foot).
The average size of a house on MARINE AVENUE is 217 sq meters (2,345 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sanderson Road |
Jul 2024 | Shoplifting | Awaiting court outcome | On or near Sanderson Road |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sanderson Road |
Jun 2024 | Shoplifting | Under investigation | On or near Sanderson Road |
Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sanderson Road |