£483,977
This estimated value is based upon the latest sale price for the house of £447,500 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £447,500 | 26 Nov 2021 |
| £179,000 | 26 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £447,500 results in an estimated price of approximately £483,977.
| 26 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £447,500 | £36,477 | £483,977 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 112.703 % | £504,344 | £951,844 |
| 3 Month Average | 26.485 % | £118,518 | £566,018 |
| 6 Month Average | -6.698 % | £-29,973 | £417,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £430,798 | £425,000 | 19 CHOLLERFORD AVENUE |
| 31 Mar 2023 | £681,420 | £675,000 | 6 AMBLE AVENUE |
| 13 Feb 2023 | £359,758 | £360,000 | 19 BURNSIDE ROAD |
| 7 Jul 2022 | £381,026 | £380,000 | 20 AMBLE AVENUE |
| 26 Nov 2021 | £483,977 | £447,500 | 29 BELSAY AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 31 Aug 2021. Using an estimated price of £483,977 means this house is valued at £4,653 per sq meter (£432 per sq foot).
The average size of a house on BELSAY AVENUE is 120 sq meters (1,302 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chollerford Avenue |
| Feb 2024 | Anti-social behaviour | On or near Amble Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Amble Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Amble Avenue | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Burnside Road |