£153,265
This estimated value is based upon the latest sale price for the house of £123,000 on 3 Aug 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £123,000 | 3 Aug 2018 |
| £99,000 | 20 Jun 2013 |
| £40,000 | 28 Feb 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 August 2018 the House Price Index for TYNE AND WEAR was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £123,000 results in an estimated price of approximately £153,265.
| 3 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £123,000 | £30,265 | £153,265 |
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 | -5.746 % | £-7,067 | £115,932 |
| 3 Month Average | 18.421 % | £22,657 | £145,657 |
| 6 Month Average | 19.359 % | £23,812 | £146,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £144,438 | £140,000 | 36 SALISBURY AVENUE |
| 20 Nov 2023 | £155,446 | £151,500 | 31 SALISBURY AVENUE |
| 3 Nov 2023 | £140,568 | £137,000 | 3 CAWTHORNE TERRACE |
| 17 Mar 2023 | £132,208 | £130,000 | 25 SALISBURY AVENUE |
| 3 Feb 2023 | £137,921 | £137,000 | 83 SALISBURY AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 12 Nov 2012. Using an estimated price of £153,265 means this house is valued at £1,869 per sq meter (£173 per sq foot).
The average size of a house on ROSEBERY AVENUE is 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rosebery Avenue |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rosebery Avenue |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Salisbury Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Popplewell Terrace |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Popplewell Terrace |