£434,102
This estimated value is based upon the latest sale price for the house of £441,500 on 31 Jan 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £441,500 | 31 Jan 2023 |
| £242,500 | 17 Jul 2014 |
| £237,600 | 13 Sep 2011 |
| £202,000 | 25 Jan 2007 |
| £97,599 | 31 Jan 2002 |
| £55,000 | 17 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 2023 the House Price Index for TYNE AND WEAR was 149.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.676%.Applying this -1.676% change to the original purchase price of £441,500 results in an estimated price of approximately £434,102.
| 31 Jan 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.2 | 146.7 | -1.676 % | £441,500 | £-7,397 | £434,102 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | -26.734 % | £-118,032 | £323,467 |
| 3 Month Average | -28.708 % | £-126,745 | £314,754 |
| 6 Month Average | -22.253 % | £-98,246 | £343,253 |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 15 Feb 2016.
The average size of a house on PARK AVENUE is 128 sq meters (1,385 sq feet).
This house is the largest in the street with a floor area of 158 sq meters (1,700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Park Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Park Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Park Avenue | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Washington Terrace |
| Feb 2024 | Anti-social behaviour | On or near Washington Terrace |