£203,142
This estimated value is based upon the latest sale price for the house of £129,500 on 10 Apr 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£129,500 | 10 Apr 2014 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,111 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 April 2014 the House Price Index for TYNE AND WEAR was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £129,500 results in an estimated price of approximately £203,142.
10 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £129,500 | £73,642 | £203,142 |
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 | 60.936 % | £78,911 | £208,411 |
3 Month Average | 17.837 % | £23,098 | £152,598 |
6 Month Average | 13.648 % | £17,674 | £147,174 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £165,072 | £160,000 | 1 GARDEN DRIVE |
13 Oct 2023 | £222,043 | £217,000 | 19 CRADOCK AVENUE |
22 Mar 2023 | £137,293 | £135,000 | 147 VICTORIA ROAD WEST |
15 Jul 2022 | £161,619 | £160,000 | 4 EAST VIEW |
7 Jul 2022 | £313,138 | £310,000 | 161 VICTORIA ROAD WEST |
This house has a floor area of 103 sq meters or 1,111 sq feet when measured on 23 Dec 2010. Using an estimated price of £203,142 means this house is valued at £1,966 per sq meter (£182 per sq foot).
The average size of a house on CRADOCK AVENUE is 134 sq meters (1,445 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
May 2024 | Shoplifting | Under investigation | On or near Petrol Station |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |