£148,034
This estimated value is based upon the latest sale price for the house of £85,000 on 11 Oct 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£85,000 | 11 Oct 2011 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 819 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 2011 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £85,000 results in an estimated price of approximately £148,034.
11 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.158 % | £85,000 | £63,034 | £148,034 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 70.777 % | £60,160 | £145,160 |
3 Month Average | 64.374 % | £54,717 | £139,717 |
6 Month Average | 45.102 % | £38,336 | £123,336 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £123,573 | £122,500 | 15 RANSON CRESCENT |
8 Mar 2024 | £172,653 | £170,000 | 35 BAINBRIDGE AVENUE |
27 Oct 2023 | £112,556 | £110,000 | 73 WENLOCK ROAD |
29 Sep 2023 | £92,029 | £90,000 | 74 STOKER AVENUE |
24 Mar 2023 | £132,208 | £130,000 | 109 WENLOCK ROAD |
This house has a floor area of 76 sq meters or 819 sq feet when measured on 12 Sep 2011. Using an estimated price of £148,034 means this house is valued at £1,944 per sq meter (£180 per sq foot).
The average size of a house on EDHILL AVENUE is 107 sq meters (1,152 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Edhill Avenue |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Blyton Avenue |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Wenlock Road |
Aug 2024 | Vehicle crime | Under investigation | On or near Wenlock Road |
Oct 2024 | Public order | Awaiting court outcome | On or near Binchester Street |