£184,580
This estimated value is based upon the latest sale price for the house of £150,500 on 25 Nov 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£150,500 | 25 Nov 2019 |
£138,000 | 24 Mar 2016 |
£147,500 | 12 Nov 2004 |
£43,500 | 28 Feb 2001 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £150,500 results in an estimated price of approximately £184,580.
25 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £150,500 | £34,080 | £184,580 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 15.200 % | £22,876 | £173,376 |
3 Month Average | 3.211 % | £4,832 | £155,332 |
6 Month Average | 8.071 % | £12,146 | £162,646 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £40,712 | £40,000 | 36 CORONATION STREET |
7 Dec 2023 | £156,015 | £153,285 | 61 FERNDALE AVENUE |
4 Sep 2023 | £137,255 | £135,500 | 53 CORONATION STREET |
31 Jul 2023 | £157,115 | £155,000 | 57 FERNDALE AVENUE |
20 Jul 2023 | £91,228 | £90,000 | 12 CORONATION STREET |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 14 Jan 2016. Using an estimated price of £184,580 means this house is valued at £1,605 per sq meter (£149 per sq foot).
The average size of a house on FERNDALE AVENUE is 105 sq meters (1,131 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Coronation Street |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Coronation Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Coronation Street |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coronation Street |
Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Coronation Street |