£142,247
This estimated value is based upon the latest sale price for the house of £79,950 on 3 Mar 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£79,950 | 3 Mar 2006 |
£27,500 | 28 Jul 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 2006 the House Price Index for TYNE AND WEAR was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £79,950 results in an estimated price of approximately £142,247.
3 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.1 | 149.7 | 77.920 % | £79,950 | £62,297 | £142,247 |
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 | 75.800 % | £60,602 | £140,552 |
3 Month Average | 50.659 % | £40,501 | £120,451 |
6 Month Average | 31.704 % | £25,347 | £105,297 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £147,000 | £147,000 | 59 FERNDALE AVENUE |
15 Dec 2023 | £41,268 | £40,000 | 36 CORONATION STREET |
7 Dec 2023 | £158,144 | £153,285 | 61 FERNDALE AVENUE |
16 Nov 2023 | £133,386 | £130,000 | 17 FERNDALE AVENUE |
4 Sep 2023 | £138,554 | £135,500 | 53 CORONATION STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 1 Mar 2016. Using an estimated price of £142,247 means this house is valued at £2,155 per sq meter (£200 per sq foot).
The average size of a house on CORONATION STREET is 72 sq meters (779 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Coronation Street | |
May 2024 | Violence and sexual offences | Under investigation | On or near Coronation Street |
May 2024 | Violence and sexual offences | Under investigation | On or near Coronation Street |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coronation Street |
Jul 2024 | Anti-social behaviour | On or near Park Road |