£176,645
This estimated value is based upon the latest sale price for the house of £132,000 on 14 Sep 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £132,000 | 14 Sep 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2016 the House Price Index for TYNE AND WEAR was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £132,000 results in an estimated price of approximately £176,645.
| 14 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £132,000 | £44,645 | £176,645 |
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 | 64.273 % | £84,840 | £216,840 |
| 3 Month Average | 20.890 % | £27,575 | £159,575 |
| 6 Month Average | 24.620 % | £32,498 | £164,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jun 2024 | £95,000 | £95,000 | 21 GREYWOOD AVENUE |
| 18 Jan 2023 | £60,161 | £60,000 | 16 BAXTER AVENUE |
| 18 Nov 2022 | £74,651 | £75,000 | 10 GREYWOOD AVENUE |
| 12 Apr 2022 | £232,383 | £224,000 | 59 BAXTER AVENUE |
| 2 Feb 2022 | £91,912 | £87,000 | 12 GREYWOOD AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 3 Nov 2016. Using an estimated price of £176,646 means this house is valued at £2,102 per sq meter (£195 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 | Anti-social behaviour | On or near Hoyle Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Hoyle Avenue | |
| Jun 2024 | Vehicle crime | Under investigation | On or near Hoyle Avenue |
| Jun 2024 | Anti-social behaviour | On or near Hoyle Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Hoyle Avenue |