£312,061
This estimated value is based upon the latest sale price for the house of £193,000 on 17 Dec 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Oxford Street
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Price Paid | Date |
---|---|
£193,000 | 17 Dec 2013 |
£42,500 | 16 Jun 1995 |
Terraced |
Freehold |
Floor Area: 126 sq meters or 1,360 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 December 2013 the House Price Index for TYNE AND WEAR was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £193,000 results in an estimated price of approximately £312,061.
17 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 149.7 | 61.690 % | £193,000 | £119,061 | £312,061 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 15.580 % | £30,069 | £223,069 |
3 Month Average | 33.385 % | £64,433 | £257,433 |
6 Month Average | 45.457 % | £87,731 | £280,731 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £150,000 | £150,000 | 62 CAMBRIDGE AVENUE |
16 Oct 2023 | £179,067 | £175,000 | 3 CAMBRIDGE AVENUE |
11 Sep 2023 | £176,900 | £173,000 | 98 CAMBRIDGE AVENUE |
11 Sep 2023 | £176,900 | £173,000 | 96 CAMBRIDGE AVENUE |
3 Mar 2023 | £146,446 | £144,000 | 106 CAMBRIDGE AVENUE |
This house has a floor area of 126 sq meters or 1,360 sq feet when measured on 11 Jan 2011. Using an estimated price of £312,061 means this house is valued at £2,468 per sq meter (£229 per sq foot).
The average size of a house on OXFORD STREET is 138 sq meters (1,487 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Under investigation | On or near Oxford Street |
Jun 2024 | Public order | Under investigation | On or near Oxford Street |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxford Street |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Oxford Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Oxford Street |