£236,641
This estimated value is based upon the latest sale price for the house of £184,950 on 18 Aug 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £184,950 | 18 Aug 2017 |
| £178,000 | 21 Oct 2016 |
| £140,000 | 20 Aug 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2017 the House Price Index for TYNE AND WEAR was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £184,950 results in an estimated price of approximately £236,641.
| 18 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £184,950 | £51,691 | £236,641 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 9.166 % | £16,952 | £201,902 |
| 3 Month Average | 3.996 % | £7,390 | £192,340 |
| 6 Month Average | 15.670 % | £28,980 | £213,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £253,896 | £249,995 | 7 COLERIDGE AVENUE |
| 7 Mar 2024 | £157,419 | £155,000 | 15 OTTERBURN GARDENS |
| 24 Nov 2023 | £333,978 | £325,500 | 9 ALVERSTONE AVENUE |
| 23 Oct 2023 | £235,345 | £230,000 | 38 OTTERBURN GARDENS |
| 11 Sep 2023 | £243,365 | £238,000 | 54 COLERIDGE AVENUE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 13 Jan 2016. Using an estimated price of £236,642 means this house is valued at £2,414 per sq meter (£224 per sq foot).
The average size of a house on COLERIDGE AVENUE is 104 sq meters (1,128 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Coleridge Avenue |
| Jul 2024 | Public order | Under investigation | On or near Killowen Street |
| Jul 2024 | Anti-social behaviour | On or near Killowen Street | |
| Jul 2024 | Anti-social behaviour | On or near Killowen Street | |
| Jul 2024 | Anti-social behaviour | On or near Killowen Street |