£102,095
This estimated value is based upon the latest sale price for the house of £64,000 on 17 Feb 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £64,000 | 17 Feb 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 February 2014 the House Price Index for TYNE AND WEAR was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £64,000 results in an estimated price of approximately £102,095.
| 17 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £64,000 | £38,095 | £102,095 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 38.580 % | £24,691 | £88,691 |
| 3 Month Average | 22.361 % | £14,311 | £78,311 |
| 6 Month Average | 16.753 % | £10,721 | £74,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £147,965 | £145,000 | 1 DUKES AVENUE |
| 31 Mar 2023 | £139,327 | £137,000 | 5 KELLY ROAD |
| 2 Feb 2023 | £139,935 | £139,000 | 50 TONER AVENUE |
| 28 Sep 2022 | £39,972 | £39,999 | 15A TONER AVENUE |
| 8 Jul 2022 | £151,215 | £149,700 | 57 JOHNSTON AVENUE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 16 Nov 2013. Using an estimated price of £102,096 means this house is valued at £2,268 per sq meter (£210 per sq foot).
The average size of a house on TONER AVENUE is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Wilkinson Avenue |
| Jun 2024 | Anti-social behaviour | On or near Wilkinson Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Wilkinson Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Beresford Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Beresford Avenue |