£65,109
This estimated value is based upon the latest sale price for the house of £50,000 on 3 Apr 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 |
|---|---|
| £50,000 | 3 Apr 2017 |
| £36,000 | 29 Jul 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 April 2017 the House Price Index for TYNE AND WEAR was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £50,000 results in an estimated price of approximately £65,109.
| 3 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £50,000 | £15,109 | £65,109 |
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 | 54.815 % | £27,407 | £77,407 |
| 3 Month Average | 30.219 % | £15,109 | £65,109 |
| 6 Month Average | 14.812 % | £7,406 | £57,406 |
| 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 61 sq meters or 656 sq feet when measured on 23 Mar 2017. Using an estimated price of £65,110 means this house is valued at £1,067 per sq meter (£99 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 |