£130,769
This estimated value is based upon the latest sale price for the house of £127,500 on 4 Apr 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£127,500 | 4 Apr 2022 |
£99,950 | 1 Dec 2017 |
£89,000 | 23 Feb 2007 |
£39,000 | 21 Jun 2002 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 April 2022 the House Price Index for TYNE AND WEAR was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £127,500 results in an estimated price of approximately £130,769.
4 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.0 | 2.564 % | £127,500 | £3,269 | £130,769 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -39.284 % | £-50,086 | £77,413 |
3 Month Average | -5.145 % | £-6,559 | £120,940 |
6 Month Average | -4.175 % | £-5,323 | £122,176 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £115,390 | £115,000 | 22 JENNIFER AVENUE |
1 Dec 2023 | £81,543 | £80,000 | 49 ETHEL TERRACE |
21 Jul 2023 | £65,621 | £65,000 | 24 OSWALD TERRACE SOUTH |
29 Mar 2023 | £60,326 | £60,000 | 19 ETHEL TERRACE |
10 Mar 2023 | £71,386 | £71,000 | 27 OSWALD TERRACE SOUTH |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 24 Sep 2015. Using an estimated price of £130,769 means this house is valued at £1,538 per sq meter (£142 per sq foot).
The average size of a house on JENNIFER AVENUE is 92 sq meters (998 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Jennifer Avenue |
Mar 2024 | Anti-social behaviour | On or near Oswald Terrace South | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oswald Terrace South |
Mar 2024 | Anti-social behaviour | On or near Oswald Terrace South | |
Jan 2024 | Anti-social behaviour | On or near Oswald Terrace South |