£116,544
This estimated value is based upon the latest sale price for the house of £93,000 on 23 Mar 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 |
|---|---|
| £93,000 | 23 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 March 2018 the House Price Index for TYNE AND WEAR was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £93,000 results in an estimated price of approximately £116,544.
| 23 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £93,000 | £23,544 | £116,544 |
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 | 27.546 % | £25,618 | £118,618 |
| 3 Month Average | 24.103 % | £22,415 | £115,415 |
| 6 Month Average | 26.446 % | £24,595 | £117,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £183,606 | £182,000 | 20 DELAVAL AVENUE |
| 4 Aug 2023 | £150,315 | £149,000 | 18 ADDINGTON CRESCENT |
| 7 Jul 2023 | £197,660 | £195,000 | 99 BILLY MILL AVENUE |
| 13 Jun 2023 | £177,146 | £175,000 | 12 DELAVAL AVENUE |
| 3 Jan 2023 | £228,922 | £230,000 | 23 ADDINGTON CRESCENT |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 14 Sep 2017. Using an estimated price of £116,545 means this house is valued at £1,533 per sq meter (£142 per sq foot).
The average size of a house on DELAVAL AVENUE is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Delaval Avenue |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heaton Terrace |
| Apr 2024 | Public order | Under investigation | On or near Heaton Terrace |
| Apr 2024 | Anti-social behaviour | On or near Heaton Terrace | |
| Mar 2024 | Anti-social behaviour | On or near Heaton Terrace |