£239,510
This estimated value is based upon the latest sale price for the house of £240,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Prince George Avenue
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| Price Paid | Date |
|---|---|
| £240,000 | 16 Jun 2023 |
| £197,500 | 1 Sep 2008 |
| Semi-Detached |
| Leasehold |
| Floor Area: 123 sq meters or 1,323 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 June 2023 the House Price Index for TYNE AND WEAR was 147.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.204%.Applying this -0.204% change to the original purchase price of £240,000 results in an estimated price of approximately £239,510.
| 16 Jun 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 146.7 | -0.204 % | £240,000 | £-489 | £239,510 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | -10.431 % | £-25,033 | £214,966 |
| 3 Month Average | -17.644 % | £-42,346 | £197,653 |
| 6 Month Average | -7.050 % | £-16,920 | £223,079 |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 2 Jul 2012.
The average size of a house on MARINA AVENUE is 92 sq meters (993 sq feet).
This house is the largest in the street with a floor area of 123 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Prince George Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B1291 |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Criminal damage and arson | On or near Seaburn (Metro Station) | |
| Jan 2024 | Criminal damage and arson | On or near Seaburn (Metro Station) |