£146,017
This estimated value is based upon the latest sale price for the house of £77,000 on 30 Nov 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£77,000 | 30 Nov 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 42 sq meters or 452 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 November 2004 the House Price Index for TYNE AND WEAR was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £77,000 results in an estimated price of approximately £146,017.
30 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 149.7 | 89.633 % | £77,000 | £69,017 | £146,017 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -2.524 % | £-1,943 | £75,056 |
3 Month Average | 38.353 % | £29,532 | £106,532 |
6 Month Average | 39.728 % | £30,590 | £107,590 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £51,585 | £50,000 | 146 WALLSEND ROAD |
16 Jun 2023 | £76,024 | £74,500 | 6 WOOLER AVENUE |
31 Mar 2023 | £108,817 | £107,000 | 38 WOOLER AVENUE |
29 Mar 2023 | £96,613 | £95,000 | 36 BALKWELL AVENUE |
29 Mar 2023 | £78,816 | £77,500 | 34 BALKWELL AVENUE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 10 Feb 2011. Using an estimated price of £146,017 means this house is valued at £3,476 per sq meter (£322 per sq foot).
The average size of a house on WOOLER AVENUE is 70 sq meters (763 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Alnmouth Avenue |
Jun 2024 | Anti-social behaviour | On or near Ford Avenue | |
Jun 2024 | Anti-social behaviour | On or near Ford Avenue | |
May 2024 | Violence and sexual offences | Under investigation | On or near Biddlestone Crescent |