£197,368
This estimated value is based upon the latest sale price for the house of £165,000 on 1 Sep 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £165,000 | 1 Sep 2020 |
| £65,000 | 17 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £165,000 results in an estimated price of approximately £197,368.
| 1 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £165,000 | £32,368 | £197,368 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -15.353 % | £-25,331 | £139,668 |
| 3 Month Average | -6.108 % | £-10,078 | £154,921 |
| 6 Month Average | 2.404 % | £3,965 | £168,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £265,861 | £260,000 | 19 OAKWOOD AVENUE |
| 28 Apr 2023 | £50,902 | £49,950 | 1 WETHERAL GARDENS |
| 3 Apr 2023 | £280,242 | £275,000 | 27 BEECHWOOD AVENUE |
| 20 Jan 2023 | £97,260 | £97,000 | 15 COLTON GARDENS |
| 16 Jan 2023 | £135,362 | £135,000 | 51 BRAMPTON GARDENS |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 16 Mar 2020. Using an estimated price of £197,368 means this house is valued at £2,563 per sq meter (£238 per sq foot).
The average size of a house on OAKWOOD AVENUE is 166 sq meters (1,794 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Brampton Gardens | |
| Jul 2024 | Other crime | Under investigation | On or near Brampton Gardens |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Brampton Gardens |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brampton Gardens |
| Jun 2024 | Other crime | Under investigation | On or near Brampton Gardens |