£178,445
This estimated value is based upon the latest sale price for the house of £104,000 on 22 Sep 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 |
---|---|
£104,000 | 22 Sep 2006 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 818 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 September 2006 the House Price Index for TYNE AND WEAR was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £104,000 results in an estimated price of approximately £178,445.
22 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.582 % | £104,000 | £74,445 | £178,445 |
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 | -3.715 % | £-3,863 | £100,136 |
3 Month Average | 34.019 % | £35,380 | £139,380 |
6 Month Average | 40.041 % | £41,642 | £145,642 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £51,585 | £50,000 | 146 WALLSEND ROAD |
16 Jun 2023 | £76,024 | £74,500 | 6 WOOLER AVENUE |
28 Apr 2023 | £132,478 | £130,000 | 71 WALLSEND ROAD |
6 Apr 2023 | £64,710 | £63,500 | 144 WALLSEND ROAD |
31 Mar 2023 | £108,817 | £107,000 | 38 WOOLER AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 31 Dec 2013. Using an estimated price of £178,445 means this house is valued at £2,347 per sq meter (£218 per sq foot).
There is one other house on the street which we know the size of, this is 11 FORD AVENUE it is 84.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Ford Avenue | |
Jun 2024 | Anti-social behaviour | On or near Ford Avenue | |
Jul 2024 | Other theft | Under investigation | On or near Alnmouth Avenue |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alnwick Avenue |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Alnwick Avenue |