£312,991
This estimated value is based upon the latest sale price for the house of £251,500 on 28 Jan 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £251,500 | 28 Jan 2019 |
| £182,000 | 11 Mar 2015 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,112 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £251,500 results in an estimated price of approximately £312,991.
| 28 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £251,500 | £61,491 | £312,991 |
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 | 22.152 % | £55,713 | £307,213 |
| 3 Month Average | -6.641 % | £-16,702 | £234,797 |
| 6 Month Average | 4.057 % | £10,204 | £261,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £151,660 | £147,000 | 25 MELROSE AVENUE |
| 30 Nov 2023 | £294,988 | £287,500 | 13 BEACONSFIELD AVENUE |
| 5 Oct 2023 | £258,880 | £253,000 | 7 BEACONSFIELD AVENUE |
| 26 Apr 2023 | £290,432 | £285,000 | 15 BEACONSFIELD AVENUE |
| 11 Apr 2023 | £438,196 | £430,000 | 70 KELLS LANE |
This house has a floor area of 103 sq meters or 1,112 sq feet when measured on 17 Aug 2009. Using an estimated price of £312,992 means this house is valued at £3,027 per sq meter (£281 per sq foot).
The average size of a house on ROSSLYN AVENUE is 129 sq meters (1,391 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harcourt Street |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Kellfield Road |
| May 2024 | Anti-social behaviour | On or near Kellfield Road | |
| May 2024 | Anti-social behaviour | On or near Kellfield Road | |
| May 2024 | Anti-social behaviour | On or near Kellfield Road |