£273,833
This estimated value is based upon the latest sale price for the house of £222,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £222,000 | 23 Feb 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 February 2018 the House Price Index for TYNE AND WEAR was 118.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.348%.Applying this 23.348% change to the original purchase price of £222,000 results in an estimated price of approximately £273,833.
| 23 Feb 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 146.7 | 23.348 % | £222,000 | £51,833 | £273,833 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 41.843 % | £92,890 | £314,890 |
| 3 Month Average | -2.047 % | £-4,544 | £217,455 |
| 6 Month Average | 9.585 % | £21,278 | £243,278 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 1 Sep 2017.
The average size of a house on SOLWAY AVENUE is 112 sq meters (1,209 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kendal Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairfield Drive |
| Mar 2024 | Burglary | Under investigation | On or near Ellersmere Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beresford Road |
| Mar 2024 | Anti-social behaviour | On or near Honister Road |