£115,825
This estimated value is based upon the latest sale price for the house of £73,000 on 4 Jun 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Holly Avenue
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| Price Paid | Date |
|---|---|
| £73,000 | 4 Jun 2007 |
| £44,000 | 9 Mar 2004 |
| £18,000 | 14 Jan 2003 |
| £9,000 | 8 Nov 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 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 June 2007 the House Price Index for TYNE AND WEAR was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £73,000 results in an estimated price of approximately £115,825.
| 4 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £73,000 | £42,825 | £115,825 |
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 | 14.161 % | £10,337 | £83,337 |
| 3 Month Average | 8.435 % | £6,157 | £79,157 |
| 6 Month Average | 17.001 % | £12,410 | £85,410 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £70,229 | £69,000 | 159 VINE STREET |
| 1 Aug 2023 | £57,503 | £57,000 | 60 HOLLY AVENUE |
| 21 Apr 2023 | £94,518 | £93,500 | 100 LAUREL STREET |
| 16 Feb 2023 | £68,954 | £69,000 | 83 HOLLY AVENUE |
| 22 Jul 2022 | £60,162 | £60,000 | 181 VINE STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 22 Nov 2019. Using an estimated price of £115,825 means this house is valued at £1,703 per sq meter (£158 per sq foot).
The average size of a house on VINE STREET is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Holly Avenue |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Holly Avenue |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Holly Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Holly Avenue |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Holly Avenue |