£254,140
This estimated value is based upon the latest sale price for the house of £106,950 on 13 Jun 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£106,950 | 13 Jun 2003 |
Semi-Detached |
Leasehold |
Floor Area: 109 sq meters or 1,173 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 June 2003 the House Price Index for TYNE AND WEAR was 63.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 137.625%.Applying this 137.625% change to the original purchase price of £106,950 results in an estimated price of approximately £254,140.
13 Jun 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.0 | 149.7 | 137.625 % | £106,950 | £147,190 | £254,140 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 199.299 % | £213,149 | £320,099 |
3 Month Average | 151.210 % | £161,719 | £268,669 |
6 Month Average | 136.902 % | £146,416 | £253,366 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2022 | £254,830 | £255,000 | 10 CANTERBURY AVENUE |
19 May 2022 | £220,751 | £215,000 | 3 CAMBO CLOSE |
1 Apr 2022 | £217,859 | £210,000 | 2 CHEADLE AVENUE |
25 Feb 2022 | £293,695 | £278,000 | 4 ASCOT CLOSE |
11 Feb 2022 | £121,493 | £115,000 | 63 CANTERBURY AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 5 Jul 2015. Using an estimated price of £254,140 means this house is valued at £2,331 per sq meter (£216 per sq foot).
The average size of a house on CANTERBURY AVENUE is 74 sq meters (799 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ascot Close |
Jul 2024 | Anti-social behaviour | On or near Ascot Close | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ascot Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Ascot Close |
Jun 2024 | Public order | Under investigation | On or near Ascot Close |