£350,689
This estimated value is based upon the latest sale price for the house of £296,750 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £296,750 | 30 Oct 2020 |
| £196,500 | 8 Jan 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £296,750 results in an estimated price of approximately £350,689.
| 30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £296,750 | £53,939 | £350,689 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 32.320 % | £95,908 | £392,658 |
| 3 Month Average | 18.207 % | £54,029 | £350,779 |
| 6 Month Average | 19.221 % | £57,037 | £353,787 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £330,145 | £320,000 | 1 LANGLEY AVENUE |
| 30 Nov 2023 | £325,256 | £317,000 | 26 LANGLEY AVENUE |
| 8 Nov 2023 | £389,897 | £380,000 | 3 TOWNSVILLE AVENUE |
| 6 Oct 2023 | £296,740 | £290,000 | 21 CANBERRA AVENUE |
| 15 Sep 2023 | £291,424 | £285,000 | 17 ATHOL GARDENS |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 13 Aug 2020. Using an estimated price of £350,689 means this house is valued at £2,697 per sq meter (£250 per sq foot).
The average size of a house on TOWNSVILLE AVENUE is 109 sq meters (1,182 sq feet).
This house is the largest in the street with a floor area of 130 sq meters (1,399 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Selwyn Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Elmfield Gardens |
| Sep 2024 | Anti-social behaviour | On or near Elmfield Gardens | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Elmfield Gardens |
| Sep 2024 | Anti-social behaviour | On or near Elmfield Gardens |