£448,821
This estimated value is based upon the latest sale price for the house of £185,000 on 28 Mar 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£185,000 | 28 Mar 2003 |
£59,500 | 22 Aug 1997 |
£49,500 | 31 Jul 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 128 sq meters or 1,377 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 2003 the House Price Index for TYNE AND WEAR was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £185,000 results in an estimated price of approximately £448,821.
28 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
61.3 | 148.6 | 142.606 % | £185,000 | £263,821 | £448,821 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 71.368 % | £132,031 | £317,031 |
3 Month Average | 62.492 % | £115,610 | £300,610 |
6 Month Average | 67.004 % | £123,957 | £308,957 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £206,136 | £203,500 | 42 BAYSWATER ROAD |
31 Aug 2023 | £221,942 | £220,000 | 60 HAZELWOOD AVENUE |
12 Apr 2023 | £227,449 | £225,000 | 85 TAVISTOCK ROAD |
25 Jan 2023 | £356,322 | £358,000 | 58 BAYSWATER ROAD |
1 Nov 2022 | £370,512 | £375,000 | 13 HAZELWOOD AVENUE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 31 Aug 2018. Using an estimated price of £448,822 means this house is valued at £3,506 per sq meter (£325 per sq foot).
The average size of a house on HAZELWOOD AVENUE is 85 sq meters (920 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tavistock Road |
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Tavistock Road |
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Tavistock Road |
Mar 2024 | Anti-social behaviour | On or near Tavistock Road | |
Mar 2024 | Anti-social behaviour | On or near Tavistock Road |