£252,450
This estimated value is based upon the latest sale price for the house of £179,950 on 9 Nov 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£179,950 | 9 Nov 2015 |
£130,000 | 23 Sep 2011 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 908 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 November 2015 the House Price Index for TYNE AND WEAR was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £179,950 results in an estimated price of approximately £252,450.
9 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £179,950 | £72,500 | £252,450 |
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 | -16.856 % | £-30,332 | £149,617 |
3 Month Average | 7.031 % | £12,652 | £192,602 |
6 Month Average | 7.376 % | £13,273 | £193,223 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £116,794 | £115,000 | 21 LYNDEN GATE CROMER AVENUE |
15 Sep 2023 | £204,508 | £200,000 | 28 TORQUAY GARDENS |
18 Aug 2023 | £348,791 | £342,500 | 29 CROMER AVENUE |
28 Apr 2023 | £117,192 | £115,000 | 18 LYNDEN GATE CROMER AVENUE |
3 Feb 2023 | £342,286 | £340,000 | 5 BIDEFORD GARDENS |
This house has a floor area of 84 sq meters or 908 sq feet when measured on 28 Mar 2011. Using an estimated price of £252,451 means this house is valued at £2,991 per sq meter (£277 per sq foot).
The average size of a house on TORQUAY GARDENS is 97 sq meters (1,051 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Shoplifting | Under investigation | On or near Dawlish Gardens |
Jul 2024 | Public order | Awaiting court outcome | On or near Cromer Avenue |
Jul 2024 | Public order | Awaiting court outcome | On or near Cromer Avenue |
Jul 2024 | Public order | Awaiting court outcome | On or near Cromer Avenue |
Jun 2024 | Anti-social behaviour | On or near Cromer Court |