£179,558
This estimated value is based upon the latest sale price for the house of £69,950 on 1 Nov 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 |
|---|---|
| £69,950 | 1 Nov 2002 |
| £58,950 | 28 Mar 2002 |
| Terraced |
| Freehold |
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 2002 the House Price Index for TYNE AND WEAR was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £69,950 results in an estimated price of approximately £179,558.
| 1 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £69,950 | £109,608 | £179,558 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 31.656 % | £22,143 | £92,093 |
| 3 Month Average | 75.898 % | £53,090 | £123,040 |
| 6 Month Average | 134.791 % | £94,285 | £164,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £136,842 | £135,000 | 35 CRAIGMILLAR CLOSE |
| 13 Feb 2023 | £99,933 | £100,000 | 27 CRAGSTON AVENUE |
| 10 Feb 2023 | £129,913 | £130,000 | 57 CRAIGMILLAR AVENUE |
| 10 May 2022 | £119,247 | £117,000 | 3 REDCROFT GREEN |
| 14 Dec 2021 | £141,957 | £132,500 | 5 RENFREW GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Avonlea Way |
| Mar 2024 | Anti-social behaviour | On or near Avonlea Way | |
| Mar 2024 | Anti-social behaviour | On or near Avonlea Way | |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Avonlea Way |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Craigmillar Close |