£209,138
This estimated value is based upon the latest sale price for the house of £150,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £150,000 | 18 Dec 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 119 sq meters or 1,280 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 2015 the House Price Index for TYNE AND WEAR was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £150,000 results in an estimated price of approximately £209,138.
| 18 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £150,000 | £59,138 | £209,138 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 22.390 % | £33,584 | £183,584 |
| 3 Month Average | 32.440 % | £48,660 | £198,660 |
| 6 Month Average | 41.214 % | £61,820 | £211,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £335,303 | £325,000 | 11 STYAN AVENUE |
| 1 Sep 2023 | £388,566 | £380,000 | 4 STYAN AVENUE |
| 29 Aug 2023 | £502,462 | £493,400 | 9 VICTORIA AVENUE |
| 10 Aug 2023 | £361,520 | £355,000 | 1 STYAN AVENUE |
| 17 Nov 2022 | £398,138 | £400,000 | 34 VICTORIA AVENUE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 1 Mar 2013. Using an estimated price of £209,139 means this house is valued at £1,757 per sq meter (£163 per sq foot).
The average size of a house on VICTORIA AVENUE is 193 sq meters (2,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near Helena Avenue |
| May 2024 | Anti-social behaviour | On or near Helena Avenue | |
| May 2024 | Anti-social behaviour | On or near Helena Avenue | |
| May 2024 | Anti-social behaviour | On or near Helena Avenue | |
| Jul 2024 | Other crime | Under investigation | On or near Cheviot View |