£116,327
This estimated value is based upon the latest sale price for the house of £91,500 on 16 Oct 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£91,500 | 16 Oct 2017 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 October 2017 the House Price Index for TYNE AND WEAR was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £91,500 results in an estimated price of approximately £116,327.
16 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 149.7 | 27.134 % | £91,500 | £24,827 | £116,327 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 80.907 % | £74,030 | £165,530 |
3 Month Average | 34.119 % | £31,218 | £122,718 |
6 Month Average | 19.161 % | £17,532 | £109,032 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £206,184 | £200,950 | 30 COLLINGWOOD AVENUE |
28 Sep 2023 | £204,508 | £200,000 | 45 HIGH VIEW |
11 Sep 2023 | £236,207 | £231,000 | 20 HIGH VIEW |
11 Sep 2023 | £168,719 | £165,000 | 57 PROSPECT AVENUE |
23 Jun 2023 | £145,924 | £143,000 | 32 FITZSIMMONS AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 5 Jul 2017. Using an estimated price of £116,328 means this house is valued at £1,551 per sq meter (£144 per sq foot).
The average size of a house on MILLS GARDENS is 103 sq meters (1,112 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reid Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Reid Avenue |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reid Avenue |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Selby Gardens |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Prospect Avenue |