£250,103
This estimated value is based upon the latest sale price for the house of £130,000 on 10 Sep 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £130,000 | 10 Sep 2004 |
| Semi-Detached |
| Freehold |
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 September 2004 the House Price Index for TYNE AND WEAR was 77.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 92.387%.Applying this 92.387% change to the original purchase price of £130,000 results in an estimated price of approximately £250,103.
| 10 Sep 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 149.7 | 92.387 % | £130,000 | £120,103 | £250,103 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 119.241 % | £155,013 | £285,013 |
| 3 Month Average | 69.479 % | £90,322 | £220,322 |
| 6 Month Average | 53.670 % | £69,771 | £199,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £147,965 | £145,000 | 1 DUKES AVENUE |
| 3 Oct 2022 | £107,142 | £107,500 | 8 PRENDWICK COURT |
| 10 Jun 2022 | £132,840 | £130,000 | 33 JOHNSTON AVENUE |
| 30 Mar 2022 | £137,799 | £132,000 | 58 QUEENS CRESCENT |
| 28 Jan 2022 | £135,175 | £127,500 | 66 CRAWLEY AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Prendwick Avenue |
| Jul 2024 | Drugs | Under investigation | On or near Birtwistle Avenue |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Birtwistle Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Birtwistle Avenue |
| Jul 2024 | Other theft | Under investigation | On or near Queen'S Crescent |