£148,722
This estimated value is based upon the latest sale price for the house of £137,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£137,000 | 24 Sep 2021 |
£99,950 | 23 Jul 2009 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £137,000 results in an estimated price of approximately £148,722.
24 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £137,000 | £11,722 | £148,722 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 38.762 % | £53,103 | £190,103 |
3 Month Average | 8.381 % | £11,482 | £148,482 |
6 Month Average | -8.738 % | £-11,970 | £125,029 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £137,500 | £137,500 | 112 HEXHAM AVENUE |
24 Nov 2023 | £123,125 | £120,000 | 32 DEVON ROAD |
29 Sep 2023 | £77,713 | £76,000 | 110 HEXHAM AVENUE |
21 Aug 2023 | £47,863 | £47,000 | 1 CORNWALL ROAD |
21 Jun 2023 | £79,595 | £78,000 | 93 HEXHAM AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 26 Jun 2021. Using an estimated price of £148,723 means this house is valued at £1,813 per sq meter (£168 per sq foot).
The average size of a house on HEXHAM AVENUE is 84 sq meters (911 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Liffey Road |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Liffey Road |
Jun 2024 | Anti-social behaviour | On or near Devon Road | |
Jun 2024 | Anti-social behaviour | On or near Devon Road | |
Apr 2024 | Other theft | Under investigation | On or near Devon Road |