£308,636
This estimated value is based upon the latest sale price for the house of £220,000 on 20 Nov 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £220,000 | 20 Nov 2015 |
| £225,000 | 29 Mar 2007 |
| £212,500 | 22 Aug 2006 |
| £116,000 | 3 May 2002 |
| £78,000 | 4 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 138 sq meters or 1,493 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 2015 the House Price Index for TYNE AND WEAR was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £220,000 results in an estimated price of approximately £308,636.
| 20 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £220,000 | £88,636 | £308,636 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 35.613 % | £78,349 | £298,349 |
| 3 Month Average | 34.420 % | £75,724 | £295,724 |
| 6 Month Average | 37.879 % | £83,334 | £303,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £430,939 | £420,000 | 17 BEACH AVENUE |
| 21 Aug 2023 | £325,878 | £320,000 | 5 BEACH AVENUE |
| 24 Feb 2023 | £382,555 | £380,000 | 36 HOLLY AVENUE |
| 15 Jul 2022 | £378,796 | £375,000 | 32 HOLLY AVENUE |
| 14 Jul 2022 | £420,716 | £416,500 | 20 BEACH AVENUE |
This house has a floor area of 138 sq meters or 1,493 sq feet when measured on 6 Apr 2011. Using an estimated price of £308,637 means this house is valued at £2,223 per sq meter (£206 per sq foot).
The average size of a house on HOLLY AVENUE is 128 sq meters (1,383 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Coquet Avenue | |
| May 2024 | Anti-social behaviour | On or near Coquet Avenue | |
| May 2024 | Anti-social behaviour | On or near Coquet Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Holly Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Holly Avenue |