£424,240
This estimated value is based upon the latest sale price for the house of £392,500 on 18 Jun 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 |
---|---|
£392,500 | 18 Jun 2021 |
£250,000 | 24 Apr 2014 |
£219,000 | 1 Mar 2005 |
Semi-Detached |
Freehold |
Floor Area: 105 sq meters or 1,130 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 2021 the House Price Index for TYNE AND WEAR was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £392,500 results in an estimated price of approximately £424,240.
18 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £392,500 | £31,740 | £424,240 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | -12.082 % | £-47,419 | £345,080 |
3 Month Average | -4.258 % | £-16,710 | £375,789 |
6 Month Average | 0.370 % | £1,452 | £393,952 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £355,461 | £350,000 | 1 MADEIRA AVENUE |
14 Sep 2023 | £603,299 | £590,000 | 3 BRUNDON AVENUE |
18 Aug 2023 | £422,622 | £415,000 | 13 RICHMOND TERRACE |
24 Feb 2023 | £317,118 | £315,000 | 24 CLAREMONT ROAD |
13 May 2022 | £621,183 | £605,000 | 40 MONKSEATON DRIVE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 11 Sep 2013. Using an estimated price of £424,240 means this house is valued at £4,040 per sq meter (£375 per sq foot).
The average size of a house on BRUNDON AVENUE is 135 sq meters (1,458 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
Jul 2024 | Other theft | Under investigation | On or near Parking Area |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
Jul 2024 | Vehicle crime | Under investigation | On or near Parking Area |
Jun 2024 | Anti-social behaviour | On or near Parking Area |