£274,438
This estimated value is based upon the latest sale price for the house of £275,000 on 26 Jun 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £275,000 | 26 Jun 2023 |
| £158,000 | 5 Jul 2013 |
| £148,000 | 3 Dec 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 June 2023 the House Price Index for TYNE AND WEAR was 147.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.204%.Applying this -0.204% change to the original purchase price of £275,000 results in an estimated price of approximately £274,438.
| 26 Jun 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 146.7 | -0.204 % | £275,000 | £-561 | £274,438 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 30.733 % | £84,515 | £359,515 |
| 3 Month Average | -23.099 % | £-63,523 | £211,476 |
| 6 Month Average | -16.345 % | £-44,949 | £230,050 |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 11 Mar 2013.
The average size of a house on BOLAM AVENUE is 123 sq meters (1,332 sq feet).
This house is the largest in the street with a floor area of 89 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Bolam Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Longthorpe Close |
| Mar 2024 | Anti-social behaviour | On or near Longthorpe Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Longthorpe Close |
| Feb 2024 | Burglary | Under investigation | On or near Longthorpe Close |