£401,294
This estimated value is based upon the latest sale price for the house of £265,000 on 22 Aug 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £265,000 | 22 Aug 2014 |
| £221,000 | 7 Jun 2010 |
| £135,000 | 31 Jan 2002 |
| £92,000 | 1 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,362 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 August 2014 the House Price Index for TYNE AND WEAR was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £265,000 results in an estimated price of approximately £401,294.
| 22 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £265,000 | £136,294 | £401,294 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -14.532 % | £-38,509 | £226,490 |
| 3 Month Average | 1.279 % | £3,389 | £268,389 |
| 6 Month Average | 13.065 % | £34,621 | £299,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £415,310 | £410,000 | HIGHFIELD ROCKCLIFFE WAY |
| 20 Sep 2023 | £126,619 | £125,000 | 15 SOUTHLANDS |
| 24 Feb 2023 | £204,862 | £205,000 | 22 HILLDYKE |
| 24 Feb 2023 | £294,802 | £295,000 | RAVENDALE |
| 20 Jan 2023 | £278,687 | £280,000 | 27 LONG BANK |
This house has a floor area of 126 sq meters or 1,362 sq feet when measured on 18 Sep 2009. Using an estimated price of £401,294 means this house is valued at £3,169 per sq meter (£294 per sq foot).
The average size of a house on JUBILEE AVENUE is 123 sq meters (1,331 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Jubilee Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Jubilee Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Jubilee Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Jubilee Avenue |