£243,413
This estimated value is based upon the latest sale price for the house of £205,000 on 4 Sep 2020. 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 |
---|---|
£205,000 | 4 Sep 2020 |
£183,500 | 29 Oct 2018 |
£78,000 | 15 Dec 2000 |
Terraced |
Freehold |
Floor Area: 106 sq meters or 1,140 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 September 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £205,000 results in an estimated price of approximately £243,413.
4 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £205,000 | £38,413 | £243,413 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | -21.758 % | £-44,603 | £160,396 |
3 Month Average | -9.758 % | £-20,004 | £184,995 |
6 Month Average | 4.295 % | £8,805 | £213,805 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £182,700 | £179,995 | 3 FIRE STATION HOUSES STATION ROAD |
8 Sep 2023 | £263,367 | £260,000 | 19 MARINA AVENUE |
14 Aug 2023 | £252,206 | £250,000 | 24 MARINA AVENUE |
16 Jun 2023 | £161,962 | £160,000 | 30 KIRKSTONE AVENUE |
22 Aug 2022 | £1,047 | £1,050 | 1 MARINA GROVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 23 Mar 2020. Using an estimated price of £243,413 means this house is valued at £2,296 per sq meter (£213 per sq foot).
The average size of a house on PRINCE GEORGE AVENUE is 171 sq meters (1,849 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B1291 |
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Criminal damage and arson | On or near Seaburn (Metro Station) | |
Jan 2024 | Criminal damage and arson | On or near Seaburn (Metro Station) | |
Jan 2024 | Criminal damage and arson | On or near Seaburn (Metro Station) |