£270,636
This estimated value is based upon the latest sale price for the house of £185,000 on 8 Jun 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£185,000 | 8 Jun 2015 |
£177,500 | 25 Sep 2007 |
£65,000 | 17 Aug 2001 |
£51,500 | 19 Apr 1996 |
Terraced |
Freehold |
Floor Area: 113 sq meters or 1,216 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 2015 the House Price Index for TYNE AND WEAR was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £185,000 results in an estimated price of approximately £270,636.
8 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 149.7 | 46.290 % | £185,000 | £85,636 | £270,636 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 33.529 % | £62,028 | £247,028 |
3 Month Average | 22.446 % | £41,525 | £226,525 |
6 Month Average | 32.188 % | £59,548 | £244,548 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Apr 2024 | £262,278 | £260,000 | 9 COUNTESS AVENUE |
15 Mar 2024 | £111,716 | £110,000 | 179A PARK VIEW |
31 Mar 2023 | £259,331 | £255,000 | 14 DUCHESS STREET |
20 Jan 2023 | £293,785 | £293,000 | 34 DUCHESS STREET |
6 Dec 2021 | £280,620 | £260,000 | 11 DUKE STREET |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 30 Mar 2015. Using an estimated price of £270,636 means this house is valued at £2,395 per sq meter (£222 per sq foot).
The average size of a house on COUNTESS AVENUE is 103 sq meters (1,112 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Duchess Street |
May 2024 | Violence and sexual offences | Under investigation | On or near Duchess Street |
Apr 2024 | Other crime | Under investigation | On or near Duchess Street |
Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Beech Grove |
Jul 2024 | Vehicle crime | Under investigation | On or near Beech Grove |