£317,644
This estimated value is based upon the latest sale price for the house of £89,995 on 23 Feb 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£89,995 | 23 Feb 2001 |
£65,500 | 13 Feb 1998 |
Terraced |
Freehold |
Floor Area: 107 sq meters or 1,151 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 February 2001 the House Price Index for TYNE AND WEAR was 42.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 252.958%.Applying this 252.958% change to the original purchase price of £89,995 results in an estimated price of approximately £317,644.
23 Feb 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.1 | 148.6 | 252.958 % | £89,995 | £227,649 | £317,644 |
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 | 229.513 % | £206,549 | £296,544 |
3 Month Average | 222.665 % | £200,386 | £290,381 |
6 Month Average | 198.347 % | £178,502 | £268,497 |
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 107 sq meters or 1,151 sq feet when measured on 29 Jul 2014. Using an estimated price of £317,644 means this house is valued at £2,968 per sq meter (£275 per sq foot).
The average size of a house on SELWYN AVENUE is 99 sq meters (1,072 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Under investigation | On or near Cambo Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Chatsworth Gardens |
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |