£138,331
This estimated value is based upon the latest sale price for the house of £107,500 on 23 May 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £107,500 | 23 May 2017 |
| £80,000 | 28 Sep 2011 |
| £86,000 | 7 Jul 2006 |
| £31,000 | 26 May 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 998 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 May 2017 the House Price Index for TYNE AND WEAR was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £107,500 results in an estimated price of approximately £138,331.
| 23 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £107,500 | £30,831 | £138,331 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -18.817 % | £-20,228 | £87,271 |
| 3 Month Average | 14.555 % | £15,646 | £123,146 |
| 6 Month Average | 23.851 % | £25,640 | £133,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £84,600 | £84,600 | 121 BUNYAN AVENUE |
| 14 Sep 2023 | £72,933 | £72,000 | 2 DRYDEN CLOSE |
| 27 Jul 2023 | £106,432 | £105,000 | 18 BURNS CLOSE |
| 31 Mar 2023 | £98,427 | £97,500 | 100 CHESTERTON ROAD |
| 20 Mar 2023 | £104,989 | £104,000 | 81 BELLOC AVENUE |
This house has a floor area of 92 sq meters or 998 sq feet when measured on 10 Oct 2008. Using an estimated price of £138,331 means this house is valued at £1,490 per sq meter (£138 per sq foot).
The average size of a house on BELLOC AVENUE is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Browning Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Belloc Avenue |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Belloc Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Belloc Avenue |
| Jan 2024 | Drugs | Under investigation | On or near Belloc Avenue |