£76,280
This estimated value is based upon the latest sale price for the house of £60,000 on 4 Oct 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Eastbourne Avenue
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| Price Paid | Date |
|---|---|
| £60,000 | 4 Oct 2017 |
| £27,950 | 12 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 691 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 2017 the House Price Index for TYNE AND WEAR was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £60,000 results in an estimated price of approximately £76,280.
| 4 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £60,000 | £16,280 | £76,280 |
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 | 30.408 % | £18,245 | £78,245 |
| 3 Month Average | 36.376 % | £21,825 | £81,825 |
| 6 Month Average | 25.907 % | £15,544 | £75,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £108,463 | £106,000 | 192 EASTBOURNE AVENUE |
| 22 Sep 2023 | £103,226 | £100,950 | 183 EASTBOURNE AVENUE |
| 22 Sep 2023 | £103,226 | £100,950 | 185 EASTBOURNE AVENUE |
| 12 Sep 2023 | £153,381 | £150,000 | 85 BRINKBURN AVENUE |
| 19 Jun 2023 | £72,452 | £71,000 | 146 EASTBOURNE AVENUE |
This house has a floor area of 64 sq meters or 691 sq feet when measured on 6 Oct 2010. Using an estimated price of £76,281 means this house is valued at £1,188 per sq meter (£110 per sq foot).
The average size of a house on EASTBOURNE AVENUE is 77 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Eastbourne Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Eastbourne Avenue |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Eastbourne Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Eastbourne Avenue |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eastbourne Avenue |