£196,825
This estimated value is based upon the latest sale price for the house of £147,500 on 18 Oct 2016. 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 |
---|---|
£147,500 | 18 Oct 2016 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 October 2016 the House Price Index for TYNE AND WEAR was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £147,500 results in an estimated price of approximately £196,825.
18 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £147,500 | £49,325 | £196,825 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -8.729 % | £-12,875 | £134,624 |
3 Month Average | 32.436 % | £47,843 | £195,343 |
6 Month Average | 30.258 % | £44,630 | £192,130 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Sep 2023 | £378,340 | £370,000 | 53 ALEXANDRA GARDENS |
23 Jun 2023 | £183,681 | £180,000 | 83 TUDOR AVENUE |
20 Jan 2023 | £230,616 | £230,000 | 70 TUDOR AVENUE |
7 Feb 2022 | £137,339 | £130,000 | 29 QUEEN ALEXANDRA ROAD WEST |
30 Sep 2021 | £379,949 | £350,000 | 71 ALEXANDRA GARDENS |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 1 May 2013. Using an estimated price of £196,826 means this house is valued at £2,659 per sq meter (£247 per sq foot).
The average size of a house on TUDOR AVENUE is 79 sq meters (855 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Queen Alexandra Road West |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Regency Gardens |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Regency Gardens |
Jun 2024 | Anti-social behaviour | On or near Kimberley Avenue | |
Jun 2024 | Anti-social behaviour | On or near Kimberley Avenue |