£79,531
This estimated value is based upon the latest sale price for the house of £79,000 on 10 Feb 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£79,000 | 10 Feb 2023 |
£77,000 | 13 Feb 2007 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 February 2023 the House Price Index for TYNE AND WEAR was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £79,000 results in an estimated price of approximately £79,531.
10 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £79,000 | £531 | £79,531 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | 14.072 % | £11,117 | £90,117 |
3 Month Average | 12.421 % | £9,812 | £88,812 |
6 Month Average | 4.069 % | £3,214 | £82,214 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £118,646 | £115,000 | 31 HARRIET STREET |
18 Dec 2023 | £107,297 | £104,000 | 14 EDITH AVENUE |
15 Dec 2023 | £118,646 | £115,000 | 13 EDITH AVENUE |
29 Nov 2023 | £88,240 | £86,000 | 29 HARRIET STREET |
2 Oct 2023 | £148,370 | £145,000 | 9 WIDDRINGTON ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 30 Dec 2021. Using an estimated price of £79,531 means this house is valued at £1,325 per sq meter (£123 per sq foot).
The average size of a house on EDITH AVENUE is 81 sq meters (877 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ethel Avenue |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ethel Avenue |
Jul 2024 | Vehicle crime | Under investigation | On or near Widdrington Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ruth Avenue |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ruth Avenue |