£204,608
This estimated value is based upon the latest sale price for the house of £115,000 on 31 Mar 2006. 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 | 31 Mar 2006 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 March 2006 the House Price Index for TYNE AND WEAR was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £115,000 results in an estimated price of approximately £204,608.
31 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.1 | 149.7 | 77.920 % | £115,000 | £89,608 | £204,608 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -1.268 % | £-1,458 | £113,541 |
3 Month Average | 43.815 % | £50,386 | £165,386 |
6 Month Average | 50.438 % | £58,003 | £173,003 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Oct 2023 | £168,835 | £165,000 | 54 WARK AVENUE |
4 Aug 2023 | £91,653 | £90,000 | 36 REDESDALE GROVE |
17 Mar 2023 | £119,496 | £117,500 | 10 DENTON AVENUE |
4 Jan 2023 | £178,477 | £178,000 | 3 REDESDALE ROAD |
8 Apr 2022 | £176,310 | £169,950 | 17 REDESDALE ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 2 Oct 2017. Using an estimated price of £204,608 means this house is valued at £2,465 per sq meter (£229 per sq foot).
The average size of a house on FAWDON PLACE is 115 sq meters (1,241 sq feet).
This house is the largest in the street with a floor area of 83 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Fawdon Place |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Fawdon Place |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Humshaugh Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Humshaugh Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Wark Avenue |