£254,591
This estimated value is based upon the latest sale price for the house of £250,000 on 29 Aug 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 |
|---|---|
| £250,000 | 29 Aug 2023 |
| £182,500 | 13 Jul 2017 |
| £124,950 | 11 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 August 2023 the House Price Index for TYNE AND WEAR was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £250,000 results in an estimated price of approximately £254,591.
| 29 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £250,000 | £4,591 | £254,591 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -2.030 % | £-5,075 | £244,924 |
| 3 Month Average | 18.608 % | £46,518 | £296,518 |
| 6 Month Average | 13.067 % | £32,666 | £282,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £113,436 | £109,950 | 1 RUTLAND PLACE |
| 23 Nov 2023 | £112,865 | £110,000 | 10 RUTLAND PLACE |
| 23 Oct 2023 | £279,344 | £273,000 | 45 LANSDOWNE TERRACE WEST |
| 21 Sep 2023 | £219,846 | £215,000 | 22 BILLY MILL AVENUE |
| 29 Aug 2023 | £254,592 | £250,000 | 10 TUDOR AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 1 Mar 2017. Using an estimated price of £254,592 means this house is valued at £3,440 per sq meter (£319 per sq foot).
The average size of a house on TUDOR AVENUE is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Glendale Grove | |
| Aug 2024 | Other crime | Under investigation | On or near Lyncroft Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lyncroft Road |
| Jun 2024 | Other theft | Under investigation | On or near Lyncroft Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Billy Mill Avenue |