£101,980
This estimated value is based upon the latest sale price for the house of £65,000 on 6 Aug 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£65,000 | 6 Aug 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 August 2007 the House Price Index for TYNE AND WEAR was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £65,000 results in an estimated price of approximately £101,980.
6 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 148.6 | 56.893 % | £65,000 | £36,980 | £101,980 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -0.416 % | £-270 | £64,729 |
3 Month Average | 10.706 % | £6,958 | £71,958 |
6 Month Average | 17.153 % | £11,149 | £76,149 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £81,425 | £80,000 | 95 RODIN AVENUE |
8 Dec 2023 | £129,262 | £127,000 | 2 RODIN AVENUE |
24 Nov 2023 | £88,815 | £87,500 | 12 SARGENT AVENUE |
8 Sep 2023 | £288,691 | £285,000 | 22 LOWRY VILLAS |
22 Jun 2023 | £126,482 | £124,950 | 121 MORELAND ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 11 Oct 2018. Using an estimated price of £101,980 means this house is valued at £2,216 per sq meter (£205 per sq foot).
The average size of a house on SARGENT AVENUE is 92 sq meters (996 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Girtin Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Rodin Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Rodin Avenue |
Feb 2024 | Public order | Under investigation | On or near Rodin Avenue |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rodin Avenue |