£184,747
This estimated value is based upon the latest sale price for the house of £160,000 on 27 Nov 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 |
|---|---|
| £160,000 | 27 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 November 2020 the House Price Index for TYNE AND WEAR was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £160,000 results in an estimated price of approximately £184,747.
| 27 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £160,000 | £24,747 | £184,747 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 79.463 % | £127,140 | £287,140 |
| 3 Month Average | -6.233 % | £-9,972 | £150,027 |
| 6 Month Average | 17.820 % | £28,511 | £188,511 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Nov 2022 | £231,250 | £235,000 | 13 VENTNOR AVENUE |
| 11 Nov 2022 | £157,447 | £160,000 | 2 PAIGNTON AVENUE |
| 24 Mar 2022 | £175,453 | £170,000 | 4 VENTNOR AVENUE |
| 16 Dec 2021 | £226,215 | £212,000 | 21 VENTNOR AVENUE |
| 26 Nov 2021 | £204,658 | £190,000 | 23 PAIGNTON AVENUE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 24 Jun 2020. Using an estimated price of £184,748 means this house is valued at £1,443 per sq meter (£134 per sq foot).
The average size of a house on VENTNOR AVENUE is 136 sq meters (1,469 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Paignton Avenue |
| Feb 2024 | Other crime | Under investigation | On or near Paignton Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Paignton Avenue |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grainger Park Road |
| Apr 2024 | Burglary | Awaiting court outcome | On or near Grainger Park Road |