£110,739
This estimated value is based upon the latest sale price for the house of £110,000 on 28 Feb 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 |
|---|---|
| £110,000 | 28 Feb 2023 |
| £115,000 | 7 Feb 2007 |
| £115,000 | 12 Feb 2005 |
| £29,400 | 3 Feb 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 2023 the House Price Index for TYNE AND WEAR was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £110,000 results in an estimated price of approximately £110,739.
| 28 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £110,000 | £739 | £110,739 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 87.996 % | £96,795 | £206,795 |
| 3 Month Average | 4.540 % | £4,994 | £114,994 |
| 6 Month Average | -6.331 % | £-6,964 | £103,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £61,902 | £60,000 | 20 ALINE STREET |
| 17 Nov 2023 | £66,693 | £65,000 | 14 LORD STREET |
| 10 Nov 2023 | £33,859 | £33,000 | 26 LORD STREET |
| 9 Nov 2023 | £102,599 | £99,995 | 25 LORD STREET |
| 8 Sep 2023 | £147,246 | £144,000 | 18 DAVISON AVENUE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 1 Nov 2013. Using an estimated price of £110,740 means this house is valued at £826 per sq meter (£76 per sq foot).
The average size of a house on NORMAN AVENUE is 140 sq meters (1,516 sq feet).
This house is the largest in the street with a floor area of 134 sq meters (1,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Davison Avenue |
| Jun 2024 | Possession of weapons | Awaiting court outcome | On or near Aline Street |
| Jun 2024 | Other crime | Under investigation | On or near Aline Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Park Avenue |