£454,515
This estimated value is based upon the latest sale price for the house of £267,500 on 19 Mar 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£267,500 | 19 Mar 2010 |
£142,000 | 15 Sep 2008 |
Semi-Detached |
Freehold |
Floor Area: 121 sq meters or 1,303 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 March 2010 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.912%.Applying this 69.912% change to the original purchase price of £267,500 results in an estimated price of approximately £454,515.
19 Mar 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.912 % | £267,500 | £187,015 | £454,515 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | -35.842 % | £-95,877 | £171,622 |
3 Month Average | 9.899 % | £26,480 | £293,980 |
6 Month Average | 26.663 % | £71,322 | £338,822 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £309,583 | £305,000 | 2 ALBANY AVENUE |
29 Aug 2023 | £312,736 | £310,000 | 15 AVONDALE AVENUE |
20 Jan 2023 | £191,100 | £192,000 | 13 CAMBRIDGE AVENUE |
31 Aug 2022 | £164,058 | £164,500 | 1 TEESDALE GROVE |
15 Jul 2022 | £225,607 | £225,000 | 1 CAMBRIDGE AVENUE |
This house has a floor area of 121 sq meters or 1,303 sq feet when measured on 11 Nov 2009. Using an estimated price of £454,516 means this house is valued at £3,752 per sq meter (£348 per sq foot).
The average size of a house on AVONDALE AVENUE is 119 sq meters (1,283 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Teesdale Grove |
Jan 2024 | Other crime | Under investigation | On or near Teesdale Grove |
Jan 2024 | Anti-social behaviour | On or near Albany Avenue | |
Jan 2024 | Anti-social behaviour | On or near Albany Avenue | |
Jan 2024 | Anti-social behaviour | On or near Albany Avenue |