£483,483
This estimated value is based upon the latest sale price for the house of £274,950 on 12 May 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£274,950 | 12 May 2006 |
£95,000 | 7 Apr 1997 |
Semi-Detached |
Freehold |
Floor Area: 157 sq meters or 1,689 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 May 2006 the House Price Index for TYNE AND WEAR was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £274,950 results in an estimated price of approximately £483,483.
12 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 149.7 | 75.844 % | £274,950 | £208,533 | £483,483 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 5.990 % | £16,470 | £291,420 |
3 Month Average | 13.294 % | £36,550 | £311,500 |
6 Month Average | 18.723 % | £51,479 | £326,429 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £187,887 | £185,000 | 2 - 4 DENEWELL AVENUE |
1 Mar 2024 | £249,839 | £246,000 | 14 STRATFORD GARDENS |
4 Dec 2023 | £332,208 | £322,000 | 18 CLEASBY GARDENS |
7 Mar 2023 | £305,095 | £300,000 | 40 BEACONSFIELD ROAD |
20 Jan 2023 | £315,844 | £315,000 | 36 DENEWELL AVENUE |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 15 Jul 2016. Using an estimated price of £483,483 means this house is valued at £3,079 per sq meter (£286 per sq foot).
The average size of a house on DENEWELL AVENUE is 154 sq meters (1,661 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Thornlea Gardens |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cleasby Gardens |
May 2024 | Violence and sexual offences | Under investigation | On or near Stratford Gardens |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stratford Gardens |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Stratford Gardens |