£414,000
This estimated value is based upon the latest sale price for the house of £414,000 on 28 Mar 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £414,000 | 28 Mar 2024 |
| £375,000 | 15 Sep 2021 |
| £260,000 | 2 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 March 2024 the House Price Index for TYNE AND WEAR was 148.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £414,000 results in an estimated price of approximately £414,000.
| 28 Mar 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 148.6 | 0.000 % | £414,000 | £0 | £414,000 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | -18.073 % | £-74,824 | £339,175 |
| 3 Month Average | 4.596 % | £19,027 | £433,027 |
| 6 Month Average | 0.537 % | £2,224 | £416,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £222,698 | £220,750 | 63 SHORTRIDGE TERRACE |
| 21 Aug 2023 | £222,698 | £220,750 | 65 SHORTRIDGE TERRACE |
| 28 Jul 2023 | £390,252 | £385,000 | 44 SHORTRIDGE TERRACE |
| 25 Jul 2023 | £390,252 | £385,000 | 42 SHORTRIDGE TERRACE |
| 2 Jun 2023 | £217,181 | £214,550 | 46 SHORTRIDGE TERRACE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 26 Jan 2018.
The average size of a house on OSBORNE AVENUE is 141 sq meters (1,518 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Deuchar Street |
| Feb 2024 | Anti-social behaviour | On or near Deuchar Street | |
| Feb 2024 | Anti-social behaviour | On or near Deuchar Street | |
| Feb 2024 | Anti-social behaviour | On or near Deuchar Street |