£92,928
This estimated value is based upon the latest sale price for the house of £73,500 on 5 Jan 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 |
|---|---|
| £73,500 | 5 Jan 2018 |
| £75,000 | 22 Jul 2005 |
| £20,500 | 21 May 1999 |
| £28,000 | 28 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 2018 the House Price Index for TYNE AND WEAR was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £73,500 results in an estimated price of approximately £92,928.
| 5 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £73,500 | £19,428 | £92,928 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | 111.858 % | £82,215 | £155,715 |
| 3 Month Average | 27.501 % | £20,213 | £93,713 |
| 6 Month Average | 31.839 % | £23,401 | £96,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £68,608 | £66,500 | 240 WESTBOURNE AVENUE |
| 9 Nov 2023 | £110,300 | £107,500 | 153 WESTBOURNE AVENUE |
| 19 Jun 2023 | £72,452 | £71,000 | 146 EASTBOURNE AVENUE |
| 9 Jun 2023 | £61,227 | £60,000 | 95 WESTBOURNE AVENUE |
| 13 Jan 2023 | £83,222 | £83,000 | 37 WESTBOURNE AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 1 Sep 2017. Using an estimated price of £92,928 means this house is valued at £1,498 per sq meter (£139 per sq foot).
The average size of a house on WESTBOURNE AVENUE is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Westbourne Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Westbourne Avenue |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westbourne Avenue |