£298,589
This estimated value is based upon the latest sale price for the house of £99,950 on 30 Apr 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£99,950 | 30 Apr 2002 |
£69,950 | 4 May 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 775 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 2002 the House Price Index for TYNE AND WEAR was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £99,950 results in an estimated price of approximately £298,589.
30 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.7 | 148.6 | 198.739 % | £99,950 | £198,639 | £298,589 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 170.004 % | £169,918 | £269,868 |
3 Month Average | 125.961 % | £125,898 | £225,848 |
6 Month Average | 100.618 % | £100,568 | £200,518 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £221,942 | £220,000 | 60 HAZELWOOD AVENUE |
12 Apr 2023 | £227,449 | £225,000 | 85 TAVISTOCK ROAD |
1 Nov 2022 | £370,512 | £375,000 | 13 HAZELWOOD AVENUE |
1 Nov 2022 | £370,512 | £375,000 | 15 HAZELWOOD AVENUE |
16 Sep 2022 | £218,238 | £220,000 | 36 HAZELWOOD AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 29 Nov 2018. Using an estimated price of £298,589 means this house is valued at £4,147 per sq meter (£385 per sq foot).
The average size of a house on TAVISTOCK ROAD is 94 sq meters (1,018 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tavistock Road |
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Tavistock Road |
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Tavistock Road |
Mar 2024 | Anti-social behaviour | On or near Tavistock Road | |
Mar 2024 | Anti-social behaviour | On or near Tavistock Road |