£284,971
This estimated value is based upon the latest sale price for the house of £240,000 on 4 Sep 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £240,000 | 4 Sep 2020 |
| £180,000 | 28 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £240,000 results in an estimated price of approximately £284,971.
| 4 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £240,000 | £44,971 | £284,971 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | -14.331 % | £-34,393 | £205,606 |
| 3 Month Average | 1.036 % | £2,486 | £242,486 |
| 6 Month Average | 12.595 % | £30,227 | £270,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £229,007 | £225,000 | 14 CHURCHILL AVENUE |
| 3 Nov 2023 | £220,921 | £217,650 | 33 ROKER AVENUE |
| 22 Sep 2023 | £308,950 | £305,000 | 37 HAIG AVENUE |
| 21 Jul 2023 | £397,348 | £392,000 | 44 MAPLE AVENUE |
| 16 Feb 2023 | £306,794 | £307,000 | 52A HAIG AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 19 Feb 2019. Using an estimated price of £284,972 means this house is valued at £3,475 per sq meter (£322 per sq foot).
The average size of a house on HAIG AVENUE is 109 sq meters (1,180 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Roker Avenue |
| Apr 2024 | Public order | Under investigation | On or near Churchill Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Churchill Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Churchill Avenue |
| Apr 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near A191 |