£158,481
This estimated value is based upon the latest sale price for the house of £129,950 on 31 Jan 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Readhead Avenue
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| Price Paid | Date |
|---|---|
| £129,950 | 31 Jan 2019 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 January 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.956%.Applying this 21.956% change to the original purchase price of £129,950 results in an estimated price of approximately £158,481.
| 31 Jan 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.956 % | £129,950 | £28,531 | £158,481 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | 35.644 % | £46,319 | £176,269 |
| 3 Month Average | -5.852 % | £-7,604 | £122,345 |
| 6 Month Average | 11.152 % | £14,492 | £144,442 |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 21 Jun 2018.
The average size of a house on ROSEBERY AVENUE is 122 sq meters (1,321 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Readhead Avenue |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Readhead Avenue |
| Dec 2023 | Burglary | Under investigation | On or near Readhead Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westoe Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westoe Avenue |