£236,139
This estimated value is based upon the latest sale price for the house of £137,000 on 22 Dec 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£137,000 | 22 Dec 2011 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,083 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 2011 the House Price Index for TYNE AND WEAR was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £137,000 results in an estimated price of approximately £236,139.
22 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.365 % | £137,000 | £99,139 | £236,139 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 8.752 % | £11,989 | £148,989 |
3 Month Average | 18.354 % | £25,144 | £162,144 |
6 Month Average | 26.931 % | £36,894 | £173,894 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £182,456 | £180,000 | 70 EDE AVENUE |
30 Jun 2023 | £161,962 | £160,000 | 84 FULWELL AVENUE |
28 Jan 2022 | £186,276 | £177,000 | 78 HYLTON AVENUE |
29 Oct 2021 | £193,634 | £175,000 | 35 EDE AVENUE |
21 Oct 2021 | £171,504 | £155,000 | 80 STEWARD CRESCENT |
This house has a floor area of 100 sq meters or 1,083 sq feet when measured on 22 Aug 2011. Using an estimated price of £236,140 means this house is valued at £2,346 per sq meter (£217 per sq foot).
The average size of a house on FULWELL AVENUE is 93 sq meters (1,005 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Ede Avenue |
Jan 2024 | Public order | Under investigation | On or near Ede Avenue |