£200,914
This estimated value is based upon the latest sale price for the house of £129,950 on 29 May 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 |
|---|---|
| £129,950 | 29 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 May 2014 the House Price Index for TYNE AND WEAR was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £129,950 results in an estimated price of approximately £200,914.
| 29 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £129,950 | £70,964 | £200,914 |
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 | 37.272 % | £48,434 | £178,384 |
| 3 Month Average | 21.589 % | £28,054 | £158,004 |
| 6 Month Average | 29.538 % | £38,384 | £168,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £157,760 | £155,000 | 174 PARK ROAD |
| 3 Nov 2023 | £51,766 | £51,000 | 20 HAWTHORNE GROVE |
| 29 Aug 2023 | £134,174 | £133,000 | 156 PARK ROAD |
| 1 Aug 2023 | £191,677 | £190,000 | 77 LABURNUM AVENUE |
| 30 Jun 2023 | £88,320 | £87,250 | 116 WOODBINE AVENUE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 26 Nov 2015. Using an estimated price of £200,914 means this house is valued at £1,477 per sq meter (£137 per sq foot).
The average size of a house on LABURNUM AVENUE is 128 sq meters (1,388 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Laburnum Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Laburnum Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Laburnum Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Grove |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hawthorn Grove |