£112,942
This estimated value is based upon the latest sale price for the house of £110,000 on 6 May 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £110,000 | 6 May 2022 |
| £103,500 | 12 Apr 2019 |
| £75,000 | 3 Oct 2008 |
| £40,000 | 14 Feb 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 May 2022 the House Price Index for TYNE AND WEAR was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £110,000 results in an estimated price of approximately £112,942.
| 6 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £110,000 | £2,942 | £112,942 |
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 | 20.871 % | £22,958 | £132,958 |
| 3 Month Average | 16.327 % | £17,959 | £127,959 |
| 6 Month Average | 0.798 % | £877 | £110,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £90,000 | £90,000 | 8 BRACKEN PLACE |
| 11 Jun 2024 | £95,000 | £95,000 | 21 GREYWOOD AVENUE |
| 28 Nov 2023 | £87,214 | £85,000 | 90 CEDAR ROAD |
| 19 Jan 2023 | £175,469 | £175,000 | 85 CEDAR ROAD |
| 18 Jan 2023 | £60,161 | £60,000 | 16 BAXTER AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 29 Nov 2016. Using an estimated price of £112,942 means this house is valued at £1,254 per sq meter (£116 per sq foot).
The average size of a house on HADRIAN ROAD is 104 sq meters (1,126 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Awaiting court outcome | On or near Palm Avenue |
| Jul 2024 | Other theft | Under investigation | On or near Linden Avenue |
| May 2024 | Violence and sexual offences | Under investigation | On or near Iris Place |
| Jun 2024 | Anti-social behaviour | On or near Lotus Place | |
| Jun 2024 | Anti-social behaviour | On or near Lotus Place |