£204,368
This estimated value is based upon the latest sale price for the house of £200,000 on 1 Jun 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £200,000 | 1 Jun 2022 |
| Semi-Detached |
| Freehold |
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 2022 the House Price Index for TYNE AND WEAR was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £200,000 results in an estimated price of approximately £204,368.
| 1 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £200,000 | £4,368 | £204,368 |
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 | 45.297 % | £90,594 | £290,594 |
| 3 Month Average | -3.194 % | £-6,387 | £193,612 |
| 6 Month Average | 8.044 % | £16,087 | £216,087 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2023 | £137,293 | £135,000 | 147 VICTORIA ROAD WEST |
| 10 Feb 2023 | £253,695 | £252,000 | 12 CLENNELL AVENUE |
| 1 Jun 2022 | £204,369 | £200,000 | 4 CLENNELL AVENUE |
| 6 May 2022 | £225,885 | £220,000 | 11 CLENNELL AVENUE |
| 25 Apr 2022 | £173,768 | £167,500 | 2 RONALD GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Clennel Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Clennel Avenue | |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near A185 |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near A185 |
| Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Derby Crescent |