£114,399
This estimated value is based upon the latest sale price for the house of £105,000 on 12 Nov 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 |
---|---|
£105,000 | 12 Nov 2021 |
£111,000 | 18 Apr 2006 |
£24,000 | 26 Jun 1998 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 November 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £105,000 results in an estimated price of approximately £114,399.
12 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £105,000 | £9,399 | £114,399 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | -14.596 % | £-15,326 | £89,673 |
3 Month Average | 0.270 % | £283 | £105,283 |
6 Month Average | 4.177 % | £4,385 | £109,385 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £85,000 | £85,000 | 93 AVONDALE RISE |
13 Oct 2023 | £61,394 | £60,000 | 77 AVONDALE RISE |
14 Sep 2023 | £88,961 | £87,000 | 9 CLYDESDALE MOUNT |
5 Aug 2022 | £100,470 | £100,000 | 40 BERESFORD GARDENS |
28 Jun 2022 | £102,184 | £100,000 | 95 AVONDALE RISE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 19 Jul 2021. Using an estimated price of £114,400 means this house is valued at £1,525 per sq meter (£141 per sq foot).
The average size of a house on CLYDESDALE ROAD is 70 sq meters (759 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beresford Gardens |
Jul 2024 | Anti-social behaviour | On or near Beresford Gardens | |
Jun 2024 | Anti-social behaviour | On or near Beresford Gardens | |
Jun 2024 | Anti-social behaviour | On or near Beresford Gardens | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Beresford Gardens |