£105,114
This estimated value is based upon the latest sale price for the house of £90,000 on 27 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 |
---|---|
£90,000 | 27 Nov 2020 |
£89,000 | 22 Sep 2006 |
£30,500 | 8 Jul 1998 |
£21,250 | 13 Jan 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £90,000 results in an estimated price of approximately £105,114.
27 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £90,000 | £15,114 | £105,114 |
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 | -23.694 % | £-21,324 | £68,675 |
3 Month Average | 12.207 % | £10,985 | £100,985 |
6 Month Average | 18.901 % | £17,010 | £107,010 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Oct 2023 | £92,092 | £90,000 | 58 CLEVELAND AVENUE |
17 Mar 2023 | £139,327 | £137,000 | 22 CLEVELAND AVENUE |
20 Jan 2023 | £160,429 | £160,000 | 41 CLEVELAND AVENUE |
26 Aug 2022 | £156,733 | £156,000 | 32 CLEVELAND AVENUE |
1 Jul 2022 | £156,569 | £155,000 | 15 MILTON TERRACE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 28 Aug 2012. Using an estimated price of £105,114 means this house is valued at £1,781 per sq meter (£165 per sq foot).
The average size of a house on CLEVELAND AVENUE is 74 sq meters (806 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Milton Terrace |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Jul 2024 | Burglary | Awaiting court outcome | On or near Supermarket |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |