£149,267
This estimated value is based upon the latest sale price for the house of £119,950 on 5 Feb 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£119,950 | 5 Feb 2019 |
£95,000 | 29 Jun 2007 |
£39,950 | 1 Oct 2001 |
£32,000 | 14 Nov 1997 |
£36,000 | 26 Sep 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 February 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £119,950 results in an estimated price of approximately £149,267.
5 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £119,950 | £29,317 | £149,267 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -16.877 % | £-20,243 | £99,706 |
3 Month Average | 5.106 % | £6,124 | £126,074 |
6 Month Average | 15.019 % | £18,014 | £137,964 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £144,438 | £140,000 | 36 SALISBURY AVENUE |
3 Nov 2023 | £140,568 | £137,000 | 3 CAWTHORNE TERRACE |
29 Sep 2023 | £161,561 | £158,000 | 6 MOOR CREST TERRACE |
19 Aug 2022 | £137,141 | £136,500 | 2 MOOR CREST TERRACE |
28 Feb 2022 | £128,465 | £121,600 | 18 ROSEBERY AVENUE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 22 Aug 2018. Using an estimated price of £149,267 means this house is valued at £2,816 per sq meter (£261 per sq foot).
There is one other house on the street which we know the size of, this is 5 CAWTHORNE TERRACE it is 67.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rosebery Avenue |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rosebery Avenue |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Walton Park |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Walton Park |
May 2024 | Violence and sexual offences | Under investigation | On or near Walton Park |