£275,236
This estimated value is based upon the latest sale price for the house of £74,000 on 17 Jul 2000. 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 |
|---|---|
| £74,000 | 17 Jul 2000 |
| £79,000 | 19 Nov 1999 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 July 2000 the House Price Index for TYNE AND WEAR was 40.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 271.941%.Applying this 271.941% change to the original purchase price of £74,000 results in an estimated price of approximately £275,236.
| 17 Jul 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 148.6 | 271.941 % | £74,000 | £201,236 | £275,236 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 255.211 % | £188,855 | £262,855 |
| 3 Month Average | 211.972 % | £156,859 | £230,859 |
| 6 Month Average | 169.065 % | £125,107 | £199,107 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £221,942 | £220,000 | 60 HAZELWOOD AVENUE |
| 12 Apr 2023 | £227,449 | £225,000 | 85 TAVISTOCK ROAD |
| 1 Nov 2022 | £370,512 | £375,000 | 13 HAZELWOOD AVENUE |
| 1 Nov 2022 | £370,512 | £375,000 | 15 HAZELWOOD AVENUE |
| 16 Sep 2022 | £218,238 | £220,000 | 36 HAZELWOOD AVENUE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 13 Jul 2018. Using an estimated price of £275,236 means this house is valued at £2,133 per sq meter (£198 per sq foot).
The average size of a house on TAVISTOCK ROAD is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Tavistock Road | |
| Feb 2024 | Anti-social behaviour | On or near Tavistock Road | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Tavistock Road |
| Feb 2024 | Anti-social behaviour | On or near Tavistock Road | |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Tavistock Road |