£372,633
This estimated value is based upon the latest sale price for the house of £248,000 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£248,000 | 5 Dec 2014 |
£71,500 | 7 Aug 1997 |
Terraced |
Freehold |
Floor Area: 99 sq meters or 1,065 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 December 2014 the House Price Index for TYNE AND WEAR was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £248,000 results in an estimated price of approximately £372,633.
5 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 149.7 | 50.255 % | £248,000 | £124,633 | £372,633 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 24.523 % | £60,817 | £308,817 |
3 Month Average | 47.385 % | £117,514 | £365,514 |
6 Month Average | 51.797 % | £128,457 | £376,457 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2022 | £487,588 | £470,000 | 4 LINKS AVENUE |
30 Sep 2021 | £646,999 | £596,000 | 5 LINKS AVENUE |
22 Sep 2021 | £641,571 | £591,000 | 70 ST MARYS AVENUE |
17 Mar 2021 | £403,685 | £360,000 | 90 LINKS AVENUE |
16 Dec 2020 | £440,516 | £381,000 | 12 LINKS AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 16 Jul 2014. Using an estimated price of £372,633 means this house is valued at £3,763 per sq meter (£349 per sq foot).
The average size of a house on LINKS AVENUE is 120 sq meters (1,292 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Links Avenue |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Mary'S Avenue |
Jul 2024 | Anti-social behaviour | On or near St Mary'S Avenue | |
May 2024 | Other crime | Under investigation | On or near St Mary'S Avenue |
Jul 2024 | Burglary | Under investigation | On or near Kingston Close |