£119,086
This estimated value is based upon the latest sale price for the house of £63,500 on 4 Mar 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £63,500 | 4 Mar 2005 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 March 2005 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £63,500 results in an estimated price of approximately £119,086.
| 4 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.538 % | £63,500 | £55,586 | £119,086 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -24.864 % | £-15,788 | £47,711 |
| 3 Month Average | 23.606 % | £14,989 | £78,489 |
| 6 Month Average | 18.259 % | £11,594 | £75,094 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £103,170 | £100,000 | 32 RAVENSWORTH AVENUE |
| 22 Nov 2023 | £61,563 | £60,000 | 36 ROSE AVENUE |
| 6 Oct 2023 | £117,673 | £115,000 | 9 RAVENSWORTH AVENUE |
| 10 Aug 2023 | £81,469 | £80,000 | 32 ROSE AVENUE |
| 8 Aug 2023 | £101,837 | £100,000 | 20 SIDINGS PLACE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 19 Sep 2015. Using an estimated price of £119,087 means this house is valued at £1,102 per sq meter (£102 per sq foot).
The average size of a house on AVENUE VIVIAN is 106 sq meters (1,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Drugs | Investigation complete; no suspect identified | On or near Avenue Vivian |
| Jun 2024 | Drugs | Under investigation | On or near Avenue Vivian |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Avenue Vivian |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Avenue Vivian |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Avenue Vivian |