£230,129
This estimated value is based upon the latest sale price for the house of £185,000 on 18 Jun 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£185,000 | 18 Jun 2018 |
£143,500 | 24 Jan 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 2018 the House Price Index for TYNE AND WEAR was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £185,000 results in an estimated price of approximately £230,129.
18 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £185,000 | £45,129 | £230,129 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 193.937 % | £358,782 | £543,782 |
3 Month Average | 27.512 % | £50,896 | £235,896 |
6 Month Average | 21.487 % | £39,750 | £224,750 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £534,838 | £528,000 | 22 DENWICK TERRACE |
19 Sep 2023 | £270,458 | £267,000 | 12 SHIPLEY ROAD |
26 Jul 2023 | £182,456 | £180,000 | 6 BIRTLEY AVENUE |
26 Jul 2023 | £182,456 | £180,000 | 7 BIRTLEY AVENUE |
7 Jul 2023 | £212,534 | £209,674 | 31 BIRTLEY AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 16 Apr 2012. Using an estimated price of £230,129 means this house is valued at £3,287 per sq meter (£305 per sq foot).
The average size of a house on BIRTLEY AVENUE is 84 sq meters (908 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Feb 2024 | Anti-social behaviour | On or near Parking Area | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |