£372,803
This estimated value is based upon the latest sale price for the house of £249,950 on 19 Dec 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 |
---|---|
£249,950 | 19 Dec 2014 |
£219,000 | 7 Jul 2003 |
£74,500 | 1 Nov 1996 |
£47,500 | 18 Aug 1995 |
£86,500 | 18 Aug 1995 |
Flats/Maisonettes |
Leasehold |
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 2014 the House Price Index for TYNE AND WEAR was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £249,950 results in an estimated price of approximately £372,803.
19 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.6 | 49.151 % | £249,950 | £122,853 | £372,803 |
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 | 43.857 % | £109,621 | £359,571 |
3 Month Average | 49.642 % | £124,081 | £374,031 |
6 Month Average | 23.563 % | £58,894 | £308,844 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £355,000 | £355,000 | 3 WEST JESMOND AVENUE |
21 Jul 2023 | £200,194 | £197,500 | 57 CONISTON AVENUE |
27 Jan 2023 | £308,547 | £310,000 | 33 SUNBURY AVENUE |
6 Jan 2023 | £646,952 | £650,000 | 54 SUNBURY AVENUE |
16 Sep 2022 | £545,594 | £550,000 | 11 SUNBURY AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Thornleigh Road | |
Feb 2024 | Anti-social behaviour | On or near Thornleigh Road | |
Feb 2024 | Anti-social behaviour | On or near Thornleigh Road | |
Feb 2024 | Anti-social behaviour | On or near Thornleigh Road |