£210,273
This estimated value is based upon the latest sale price for the house of £170,000 on 15 Aug 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£170,000 | 15 Aug 2018 |
£145,000 | 21 Oct 2013 |
£100,000 | 19 Oct 2011 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 2018 the House Price Index for TYNE AND WEAR was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £170,000 results in an estimated price of approximately £210,273.
15 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.6 | 23.690 % | £170,000 | £40,273 | £210,273 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 21.166 % | £35,981 | £205,981 |
3 Month Average | 23.860 % | £40,562 | £210,562 |
6 Month Average | 23.425 % | £39,823 | £209,823 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £91,603 | £90,000 | 84 PROSPECT AVENUE NORTH |
5 Dec 2023 | £162,798 | £159,950 | 10 TYNEDALE AVENUE |
29 Sep 2023 | £117,502 | £116,000 | 8 MULLEN ROAD |
21 Sep 2023 | £175,747 | £173,500 | 6 ALLENDALE AVENUE |
1 Sep 2023 | £141,813 | £140,000 | 51 TYNEDALE AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 9 Aug 2011. Using an estimated price of £210,274 means this house is valued at £2,802 per sq meter (£260 per sq foot).
The average size of a house on TYNEDALE AVENUE is 90 sq meters (975 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Weardale Avenue |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Tynedale Avenue |
Jan 2024 | Anti-social behaviour | On or near Glendale Avenue | |
Jan 2024 | Anti-social behaviour | On or near Glendale Avenue | |
Jan 2024 | Anti-social behaviour | On or near Glendale Avenue |