£254,760
This estimated value is based upon the latest sale price for the house of £201,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£201,000 | 29 Sep 2017 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 September 2017 the House Price Index for TYNE AND WEAR was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £201,000 results in an estimated price of approximately £254,760.
29 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £201,000 | £53,760 | £254,760 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 27.208 % | £54,688 | £255,688 |
3 Month Average | 26.583 % | £53,431 | £254,431 |
6 Month Average | 18.203 % | £36,587 | £237,587 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £321,764 | £317,000 | 26 LANGLEY AVENUE |
8 Nov 2023 | £385,710 | £380,000 | 3 TOWNSVILLE AVENUE |
15 Sep 2023 | £288,691 | £285,000 | 17 ATHOL GARDENS |
28 Jul 2023 | £253,411 | £250,000 | 21 TOWNSVILLE AVENUE |
21 Apr 2023 | £361,897 | £358,000 | 2 SELWYN AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 17 Mar 2017. Using an estimated price of £254,761 means this house is valued at £3,032 per sq meter (£281 per sq foot).
The average size of a house on SELWYN AVENUE is 99 sq meters (1,072 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Chatsworth Gardens |
Mar 2024 | Other crime | Under investigation | On or near Cambo Avenue |
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |