£318,576
This estimated value is based upon the latest sale price for the house of £169,950 on 29 Oct 2004. 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 Readhead Avenue
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Price Paid | Date |
---|---|
£169,950 | 29 Oct 2004 |
£89,950 | 31 Jan 2002 |
£58,000 | 29 Jan 1999 |
£58,000 | 16 Jun 1997 |
Terraced |
Freehold |
Floor Area: 139 sq meters or 1,504 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 2004 the House Price Index for TYNE AND WEAR was 78.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 87.453%.Applying this 87.453% change to the original purchase price of £169,950 results in an estimated price of approximately £318,576.
29 Oct 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 146.7 | 87.453 % | £169,950 | £148,626 | £318,576 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -6.030 % | £-10,248 | £159,701 |
3 Month Average | 1.734 % | £2,947 | £172,897 |
6 Month Average | 21.766 % | £36,991 | £206,941 |
This house has a floor area of 139 sq meters or 1,504 sq feet when measured on 8 Oct 2008.
The average size of a house on HORSLEY HILL ROAD is 122 sq meters (1,317 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Under investigation | On or near Readhead Avenue |
Jan 2024 | Public order | Under investigation | On or near Readhead Avenue |
Dec 2023 | Burglary | Under investigation | On or near Readhead Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Horsley Hill Road |
Feb 2024 | Other crime | Under investigation | On or near Horsley Hill Road |