£73,673
This estimated value is based upon the latest sale price for the house of £72,000 on 6 Oct 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £72,000 | 6 Oct 2023 |
| £80,000 | 10 Jul 2007 |
| £99,950 | 5 Dec 2005 |
| £43,500 | 29 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 731 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 2023 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 £72,000 results in an estimated price of approximately £73,673.
| 6 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £72,000 | £1,673 | £73,673 |
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 | 113.448 % | £81,682 | £153,682 |
| 3 Month Average | 14.756 % | £10,623 | £82,623 |
| 6 Month Average | -0.693 % | £-499 | £71,500 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £73,673 | £72,000 | 131 HOLLY AVENUE |
| 26 Sep 2023 | £82,826 | £81,000 | 40 COACH ROAD |
| 7 Sep 2023 | £54,450 | £53,250 | 137 HOLLY AVENUE |
| 18 Jan 2023 | £86,230 | £86,000 | 49 COACH ROAD |
| 5 Aug 2022 | £51,240 | £51,000 | 242 - 244 HIGH STREET EAST |
This house has a floor area of 67 sq meters or 731 sq feet when measured on 25 Feb 2012. Using an estimated price of £73,673 means this house is valued at £1,084 per sq meter (£100 per sq foot).
The average size of a house on HOLLY AVENUE is 71 sq meters (770 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Ash Grove | |
| Jun 2024 | Anti-social behaviour | On or near Ash Grove | |
| Jun 2024 | Anti-social behaviour | On or near Myrtle Grove | |
| Jun 2024 | Anti-social behaviour | On or near Myrtle Grove | |
| Jun 2024 | Anti-social behaviour | On or near Myrtle Grove |