£111,807
This estimated value is based upon the latest sale price for the house of £70,000 on 23 Jan 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £70,000 | 23 Jan 2014 |
| £44,000 | 30 Sep 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 January 2014 the House Price Index for TYNE AND WEAR was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £70,000 results in an estimated price of approximately £111,807.
| 23 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £70,000 | £41,807 | £111,807 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 44.535 % | £31,174 | £101,174 |
| 3 Month Average | 13.441 % | £9,408 | £79,408 |
| 6 Month Average | 16.191 % | £11,333 | £81,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £117,048 | £115,000 | 147 DAIRY LANE |
| 31 Jul 2023 | £112,109 | £110,600 | 149 DAIRY LANE |
| 28 Jul 2023 | £121,637 | £120,000 | 139 DAIRY LANE |
| 7 Jul 2023 | £240,233 | £237,000 | 6 SEABURN DRIVE |
| 28 Apr 2023 | £77,838 | £77,000 | 72 BURN PARK ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 15 Feb 2016. Using an estimated price of £111,808 means this house is valued at £1,215 per sq meter (£112 per sq foot).
The average size of a house on LIME AVENUE is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Lime Avenue |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lime Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lime Avenue |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Lime Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lime Avenue |