£117,672
This estimated value is based upon the latest sale price for the house of £115,000 on 9 Feb 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£115,000 | 9 Feb 2024 |
£84,000 | 28 Jun 2019 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 February 2024 the House Price Index for TYNE AND WEAR was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £115,000 results in an estimated price of approximately £117,672.
9 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £115,000 | £2,672 | £117,672 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -23.999 % | £-27,599 | £87,400 |
3 Month Average | 5.673 % | £6,523 | £121,523 |
6 Month Average | -6.587 % | £-7,575 | £107,424 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £105,920 | £105,000 | 21 SHERBURN TERRACE |
4 Dec 2023 | £321,873 | £311,982 | 26 MARSDEN GROVE |
16 Nov 2023 | £72,849 | £71,000 | 10 MARLBOROUGH CRESCENT |
18 Aug 2023 | £193,490 | £190,000 | 9 - 11 MARLBOROUGH CRESCENT |
28 Apr 2023 | £134,516 | £132,000 | 33 SHERBURN TERRACE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 27 Mar 2019.
The average size of a house on EASINGTON AVENUE is 108 sq meters (1,172 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Marsden Grove |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Marsden Grove |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Marsden Grove |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Marsden Grove |
Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Marsden Grove |