£397,388
This estimated value is based upon the latest sale price for the house of £230,000 on 29 Jan 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £230,000 | 29 Jan 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 767 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 January 2010 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.777%.Applying this 72.777% change to the original purchase price of £230,000 results in an estimated price of approximately £397,388.
| 29 Jan 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.777 % | £230,000 | £167,388 | £397,388 |
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 | -17.302 % | £-39,793 | £190,206 |
| 3 Month Average | 59.870 % | £137,699 | £367,699 |
| 6 Month Average | 53.446 % | £122,924 | £352,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £328,334 | £320,000 | 10 MEADOW ROAD |
| 23 Oct 2023 | £212,834 | £208,000 | 42 EASTFIELD AVENUE |
| 20 Sep 2023 | £720,891 | £705,000 | 1 BEECHWOOD AVENUE |
| 29 Aug 2023 | £455,210 | £447,000 | 18 MEADOW ROAD |
| 31 Mar 2023 | £442,388 | £435,000 | 5 BEECHWOOD AVENUE |
This house has a floor area of 71 sq meters or 767 sq feet when measured on 8 Apr 2009. Using an estimated price of £397,388 means this house is valued at £5,570 per sq meter (£517 per sq foot).
The average size of a house on EASTFIELD AVENUE is 117 sq meters (1,261 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Under investigation | On or near Woodleigh Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northcote Avenue |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Belmont Avenue |
| Jul 2024 | Public order | Under investigation | On or near Belmont Avenue |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Belmont Avenue |