£48,823
This estimated value is based upon the latest sale price for the house of £14,000 on 27 Apr 2001. 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 |
---|---|
£14,000 | 27 Apr 2001 |
£14,750 | 14 Mar 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 2001 the House Price Index for TYNE AND WEAR was 42.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 248.739%.Applying this 248.739% change to the original purchase price of £14,000 results in an estimated price of approximately £48,823.
27 Apr 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.9 | 149.7 | 248.739 % | £14,000 | £34,823 | £48,823 |
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 | 342.443 % | £47,941 | £61,941 |
3 Month Average | 264.412 % | £37,017 | £51,017 |
6 Month Average | 221.072 % | £30,950 | £44,950 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £71,187 | £69,000 | 159 VINE STREET |
13 Oct 2023 | £75,362 | £73,650 | 82 HOLLY AVENUE |
1 Aug 2023 | £58,047 | £57,000 | 60 HOLLY AVENUE |
21 Apr 2023 | £95,282 | £93,500 | 100 LAUREL STREET |
22 Jul 2022 | £60,607 | £60,000 | 181 VINE STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 26 Apr 2016. Using an estimated price of £48,823 means this house is valued at £739 per sq meter (£68 per sq foot).
The average size of a house on HOLLY AVENUE is 71 sq meters (770 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Holly Avenue |
Jul 2024 | Other theft | Under investigation | On or near Holly Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Holly Avenue |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Holly Avenue |
Jul 2024 | Other theft | Under investigation | On or near Holly Avenue |