£408,591
This estimated value is based upon the latest sale price for the house of £320,000 on 13 Sep 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £320,000 | 13 Sep 2017 |
| £230,000 | 18 Feb 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 September 2017 the House Price Index for TYNE AND WEAR was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £320,000 results in an estimated price of approximately £408,591.
| 13 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £320,000 | £88,591 | £408,591 |
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 | 88.883 % | £284,426 | £604,426 |
| 3 Month Average | 21.014 % | £67,244 | £387,244 |
| 6 Month Average | 18.247 % | £58,390 | £378,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £425,697 | £422,000 | 15 HONISTER AVENUE |
| 14 Aug 2023 | £527,922 | £518,400 | 9 JESMOND DENE ROAD |
| 27 Apr 2023 | £891,678 | £875,000 | 18 TOWERS AVENUE |
| 14 Oct 2022 | £724,580 | £727,000 | 13 TOWERS AVENUE |
| 8 Sep 2022 | £629,579 | £630,000 | 20 TOWERS AVENUE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 28 May 2012. Using an estimated price of £408,591 means this house is valued at £3,522 per sq meter (£327 per sq foot).
The average size of a house on JESMOND DENE ROAD is 154 sq meters (1,659 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Honister Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Honister Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Honister Avenue | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Honister Avenue |
| Jun 2024 | Anti-social behaviour | On or near Honister Avenue |