£326,269
This estimated value is based upon the latest sale price for the house of £323,000 on 12 Jul 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £323,000 | 12 Jul 2022 |
| £209,950 | 6 Mar 2007 |
| £61,500 | 14 Nov 1997 |
| £56,500 | 29 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 July 2022 the House Price Index for TYNE AND WEAR was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £323,000 results in an estimated price of approximately £326,269.
| 12 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £323,000 | £3,269 | £326,269 |
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 | 13.615 % | £43,977 | £366,977 |
| 3 Month Average | 10.944 % | £35,347 | £358,347 |
| 6 Month Average | 11.456 % | £37,002 | £360,002 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £309,866 | £302,000 | 18 HATHERTON AVENUE |
| 17 Nov 2023 | £436,069 | £425,000 | 22 SHORESTONE AVENUE |
| 31 Mar 2023 | £686,464 | £675,000 | 6 AMBLE AVENUE |
| 13 Feb 2023 | £362,421 | £360,000 | 19 BURNSIDE ROAD |
| 12 Jul 2022 | £326,269 | £323,000 | 12 SHORESTONE AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 12 Oct 2021. Using an estimated price of £326,269 means this house is valued at £3,137 per sq meter (£291 per sq foot).
The average size of a house on SHORESTONE AVENUE is 123 sq meters (1,331 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Shorestone Avenue |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Amble Avenue |
| Oct 2024 | Anti-social behaviour | On or near Burnside Road | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Burnside Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burnside Road |