£212,890
This estimated value is based upon the latest sale price for the house of £125,000 on 31 Aug 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£125,000 | 31 Aug 2012 |
£153,000 | 20 Dec 2006 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 August 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £125,000 results in an estimated price of approximately £212,890.
31 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.312 % | £125,000 | £87,890 | £212,890 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 38.018 % | £47,522 | £172,522 |
3 Month Average | 27.729 % | £34,660 | £159,660 |
6 Month Average | 31.858 % | £39,821 | £164,821 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £714,131 | £705,000 | 1 BEECHWOOD AVENUE |
29 Aug 2023 | £605,295 | £600,000 | 65 HILLCREST |
7 Aug 2023 | £529,633 | £525,000 | 15 EASTFIELD AVENUE |
21 Jul 2023 | £446,003 | £440,000 | 3 EASTFIELD AVENUE |
31 Mar 2023 | £439,137 | £435,000 | 5 BEECHWOOD AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 13 Jul 2021. Using an estimated price of £212,891 means this house is valued at £2,365 per sq meter (£219 per sq foot).
There is one other house on the street which we know the size of, this is 2 WEST AVENUE it is 81.6
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near East Avenue | |
Jan 2024 | Anti-social behaviour | On or near East Avenue | |
Jan 2024 | Anti-social behaviour | On or near East Avenue | |
Jan 2024 | Anti-social behaviour | On or near East Avenue | |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northcote Avenue |