£144,910
This estimated value is based upon the latest sale price for the house of £83,000 on 13 Jun 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£83,000 | 13 Jun 2011 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 872 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 June 2011 the House Price Index for TYNE AND WEAR was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £83,000 results in an estimated price of approximately £144,910.
13 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 149.7 | 74.591 % | £83,000 | £61,910 | £144,910 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 72.900 % | £60,507 | £143,507 |
3 Month Average | 42.065 % | £34,913 | £117,913 |
6 Month Average | 28.125 % | £23,344 | £106,344 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £92,853 | £90,000 | 84 PROSPECT AVENUE NORTH |
5 Dec 2023 | £165,021 | £159,950 | 10 TYNEDALE AVENUE |
21 Sep 2023 | £177,411 | £173,500 | 6 ALLENDALE AVENUE |
1 Sep 2023 | £143,156 | £140,000 | 51 TYNEDALE AVENUE |
29 Aug 2023 | £127,296 | £125,000 | 7 HOLLINGS CRESCENT |
This house has a floor area of 81 sq meters or 872 sq feet when measured on 6 May 2011. Using an estimated price of £144,910 means this house is valued at £1,787 per sq meter (£166 per sq foot).
The average size of a house on TYNEDALE AVENUE is 90 sq meters (975 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Prospect Avenue North | |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Prospect Avenue North |
Jun 2024 | Anti-social behaviour | On or near Prospect Avenue North | |
Jun 2024 | Anti-social behaviour | On or near Glendale Avenue | |
Jun 2024 | Anti-social behaviour | On or near Glendale Avenue |