£228,174
This estimated value is based upon the latest sale price for the house of £185,000 on 1 Jul 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £185,000 | 1 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 183 sq meters or 1,970 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 July 2019 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £185,000 results in an estimated price of approximately £228,174.
| 1 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £185,000 | £43,174 | £228,174 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 134.270 % | £248,399 | £433,399 |
| 3 Month Average | 29.251 % | £54,115 | £239,115 |
| 6 Month Average | 26.446 % | £48,924 | £233,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £54,699 | £54,000 | 232 ELLESMERE ROAD |
| 7 Jul 2023 | £420,662 | £415,000 | 35 - 37 WEST ROAD |
| 9 Jun 2023 | £77,944 | £77,000 | 235 ELLESMERE ROAD |
| 16 Jan 2023 | £64,695 | £65,000 | 232 FARNDALE ROAD |
| 9 Nov 2022 | £67,680 | £68,500 | 240 FARNDALE ROAD |
This house has a floor area of 183 sq meters or 1,970 sq feet when measured on 17 Apr 2010. Using an estimated price of £228,174 means this house is valued at £1,246 per sq meter (£115 per sq foot).
The average size of a house on MIDDLETON AVENUE is 121 sq meters (1,310 sq feet).
This house is the largest in the street with a floor area of 183 sq meters (1,970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Middleton Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Middleton Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Middleton Avenue | |
| Mar 2024 | Shoplifting | Under investigation | On or near Middleton Avenue |
| Mar 2024 | Anti-social behaviour | On or near Middleton Avenue |