£264,709
This estimated value is based upon the latest sale price for the house of £156,500 on 5 Dec 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£156,500 | 5 Dec 2012 |
£116,000 | 11 Dec 2009 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 875 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 December 2012 the House Price Index for TYNE AND WEAR was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £156,500 results in an estimated price of approximately £264,709.
5 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 148.6 | 69.144 % | £156,500 | £108,209 | £264,709 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | -23.834 % | £-37,299 | £119,200 |
3 Month Average | 7.908 % | £12,375 | £168,875 |
6 Month Average | 32.065 % | £50,181 | £206,681 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £167,480 | £165,000 | 138 BALLIOL AVENUE |
11 Aug 2023 | £257,251 | £255,000 | 61 FIRTREE CRESCENT |
8 Apr 2022 | £195,662 | £190,000 | 32 FIRTREE CRESCENT |
28 Feb 2022 | £272,661 | £260,000 | 19 FIRTREE AVENUE |
26 Nov 2021 | £267,134 | £247,000 | 17 FIRTREE AVENUE |
This house has a floor area of 81 sq meters or 875 sq feet when measured on 24 Sep 2009. Using an estimated price of £264,710 means this house is valued at £3,255 per sq meter (£302 per sq foot).
The average size of a house on FIRTREE CRESCENT is 80 sq meters (862 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Glebe Villas |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Glebe Villas |
Feb 2024 | Anti-social behaviour | On or near Glebe Villas | |
Feb 2024 | Anti-social behaviour | On or near Glebe Villas | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Glebe Road |