£85,858
This estimated value is based upon the latest sale price for the house of £54,000 on 9 May 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £54,000 | 9 May 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 35 sq meters or 376 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 May 2008 the House Price Index for TYNE AND WEAR was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £54,000 results in an estimated price of approximately £85,858.
| 9 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £54,000 | £31,858 | £85,858 |
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 | -6.493 % | £-3,506 | £50,493 |
| 3 Month Average | 11.160 % | £6,026 | £60,026 |
| 6 Month Average | 14.929 % | £8,061 | £62,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £182,456 | £180,000 | 70 EDE AVENUE |
| 30 Jun 2023 | £161,962 | £160,000 | 84 FULWELL AVENUE |
| 29 Oct 2021 | £193,634 | £175,000 | 35 EDE AVENUE |
| 21 Oct 2021 | £171,504 | £155,000 | 80 STEWARD CRESCENT |
| 17 Sep 2021 | £280,174 | £260,000 | 101 - 103 FULWELL AVENUE |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 19 Nov 2013. Using an estimated price of £85,858 means this house is valued at £2,453 per sq meter (£227 per sq foot).
The average size of a house on STEWARD CRESCENT is 82 sq meters (890 sq feet).
This house is the smallest in the street with a floor area of 35 sq meters (376 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ede Avenue |
| Jan 2024 | Public order | Under investigation | On or near Ede Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fulwell Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Steward Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Steward Crescent |