£75,357
This estimated value is based upon the latest sale price for the house of £65,000 on 26 Nov 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 |
|---|---|
| £65,000 | 26 Nov 2020 |
| £80,000 | 14 Dec 2004 |
| £51,000 | 20 Sep 2002 |
| £34,950 | 27 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2020 the House Price Index for TYNE AND WEAR was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £65,000 results in an estimated price of approximately £75,357.
| 26 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £65,000 | £10,357 | £75,357 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -38.141 % | £-24,791 | £40,208 |
| 3 Month Average | -14.583 % | £-9,479 | £55,520 |
| 6 Month Average | 1.703 % | £1,107 | £66,107 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £159,796 | £157,000 | 96 WEST AVENUE |
| 8 Nov 2023 | £86,277 | £85,000 | 85 FAIRSPRING |
| 4 Aug 2023 | £102,900 | £102,000 | 2 FAIRSPRING |
| 10 Jul 2023 | £105,419 | £104,000 | 71 FORDMOSS WALK |
| 7 Jul 2023 | £116,569 | £115,000 | 8 FAIRSPRING |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 1 Mar 2019. Using an estimated price of £75,358 means this house is valued at £897 per sq meter (£83 per sq foot).
The average size of a house on FENTON WALK is 110 sq meters (1,190 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fourstones |
| Apr 2024 | Anti-social behaviour | On or near Fourstones | |
| Apr 2024 | Anti-social behaviour | On or near Fourstones | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fourstones |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fourstones |