£260,598
This estimated value is based upon the latest sale price for the house of £46,100 on 28 Apr 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£46,100 | 28 Apr 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 74 sq meters or 806 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 April 1995 the House Price Index for TYNE AND WEAR was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £46,100 results in an estimated price of approximately £260,598.
28 Apr 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 149.7 | 465.290 % | £46,100 | £214,498 | £260,598 |
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 | 415.283 % | £191,445 | £237,545 |
3 Month Average | 346.950 % | £159,943 | £206,043 |
6 Month Average | 323.879 % | £149,307 | £195,407 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2023 | £192,369 | £188,000 | 27 HAZELWOOD AVENUE |
26 Oct 2023 | £421,575 | £412,000 | 34 HAZELWOOD AVENUE |
20 Oct 2023 | £205,671 | £201,000 | 63 HAZELWOOD AVENUE |
14 Sep 2023 | £208,087 | £203,500 | 42 BAYSWATER ROAD |
31 Aug 2023 | £224,041 | £220,000 | 60 HAZELWOOD AVENUE |
This house has a floor area of 74 sq meters or 806 sq feet when measured on 23 Jun 2011. Using an estimated price of £260,599 means this house is valued at £3,476 per sq meter (£322 per sq foot).
The average size of a house on HAZELWOOD AVENUE is 85 sq meters (920 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Tavistock Road |
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Tavistock Road |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tavistock Road |