£84,443
This estimated value is based upon the latest sale price for the house of £84,500 on 2 Sep 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 |
|---|---|
| £84,500 | 2 Sep 2022 |
| £26,000 | 18 Oct 2002 |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 September 2022 the House Price Index for TYNE AND WEAR was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £84,500 results in an estimated price of approximately £84,443.
| 2 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £84,500 | £-56 | £84,443 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | 13.735 % | £11,606 | £96,106 |
| 3 Month Average | 8.158 % | £6,893 | £91,393 |
| 6 Month Average | 11.037 % | £9,326 | £93,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £81,803 | £80,000 | 69 WESTBOURNE AVENUE |
| 3 Aug 2023 | £86,561 | £85,000 | 76 WESTBOURNE AVENUE |
| 16 Jun 2023 | £57,145 | £56,000 | 9 WINDSOR AVENUE |
| 9 Jun 2023 | £86,738 | £85,000 | 33 WESTBOURNE AVENUE |
| 9 Jun 2023 | £86,738 | £85,000 | 9 WESTBOURNE AVENUE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 14 Apr 2016. Using an estimated price of £84,444 means this house is valued at £1,431 per sq meter (£132 per sq foot).
The average size of a house on WESTBOURNE AVENUE is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westfield Road |
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Westfield Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Westfield Road |