£135,767
This estimated value is based upon the latest sale price for the house of £55,000 on 21 Feb 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£55,000 | 21 Feb 2003 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 602 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 2003 the House Price Index for TYNE AND WEAR was 60.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 146.849%.Applying this 146.849% change to the original purchase price of £55,000 results in an estimated price of approximately £135,767.
21 Feb 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.6 | 149.7 | 146.849 % | £55,000 | £80,767 | £135,767 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 262.627 % | £144,444 | £199,444 |
3 Month Average | 236.064 % | £129,835 | £184,835 |
6 Month Average | 174.163 % | £95,789 | £150,789 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2024 | £115,000 | £115,000 | 670 WELBECK ROAD |
2 Apr 2024 | £126,095 | £125,000 | 4 SUNNINGDALE AVENUE |
18 Dec 2023 | £149,597 | £145,000 | 29 WEARDALE AVENUE |
27 Oct 2023 | £133,021 | £130,000 | 7 WEARDALE AVENUE |
6 Oct 2023 | £141,719 | £138,500 | 47 WEARDALE AVENUE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 28 Feb 2014. Using an estimated price of £135,767 means this house is valued at £2,424 per sq meter (£225 per sq foot).
The average size of a house on SUNNINGDALE AVENUE is 98 sq meters (1,064 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Criminal damage and arson | Under investigation | On or near Sunningdale Avenue |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sunningdale Avenue |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sunningdale Avenue |
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sunningdale Avenue |
Sep 2024 | Anti-social behaviour | On or near Sunningdale Avenue |