£192,306
This estimated value is based upon the latest sale price for the house of £123,500 on 11 Apr 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£123,500 | 11 Apr 2014 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 April 2014 the House Price Index for TYNE AND WEAR was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £123,500 results in an estimated price of approximately £192,306.
11 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 148.6 | 55.714 % | £123,500 | £68,806 | £192,306 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 27.083 % | £33,447 | £156,947 |
3 Month Average | 16.513 % | £20,393 | £143,893 |
6 Month Average | 9.714 % | £11,996 | £135,496 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £142,493 | £140,000 | 3 NORTH FARM AVENUE |
22 Aug 2023 | £171,500 | £170,000 | 62 NORTH FARM AVENUE |
20 Jul 2023 | £101,364 | £100,000 | 1 NORTH FARM AVENUE |
26 Apr 2023 | £121,256 | £119,950 | 34 GOLDSMITH ROAD |
12 Jan 2023 | £169,203 | £170,000 | 1 NORTHFIELD DRIVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 4 Mar 2015. Using an estimated price of £192,307 means this house is valued at £2,828 per sq meter (£262 per sq foot).
The average size of a house on NORTH FARM AVENUE is 88 sq meters (957 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northfield Drive |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Greenshields Square |
Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Gambia Square |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Gambia Road |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gambia Road |