£217,888
This estimated value is based upon the latest sale price for the house of £114,900 on 5 Nov 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £114,900 | 5 Nov 2004 |
| £67,000 | 20 Sep 2002 |
| £41,000 | 29 Sep 2000 |
| Terraced |
| Freehold |
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 November 2004 the House Price Index for TYNE AND WEAR was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £114,900 results in an estimated price of approximately £217,888.
| 5 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 149.7 | 89.633 % | £114,900 | £102,988 | £217,888 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 90.880 % | £104,421 | £219,321 |
| 3 Month Average | 50.652 % | £58,199 | £173,099 |
| 6 Month Average | 29.908 % | £34,364 | £149,264 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £211,840 | £210,000 | 32 ROTHBURY AVENUE |
| 28 Apr 2023 | £157,954 | £155,000 | 1 KIRKLEY CLOSE |
| 10 Oct 2022 | £64,784 | £65,000 | FLAT 1 KIRKLEY LODGE PARK AVENUE |
| 16 Aug 2022 | £63,798 | £63,500 | FLAT 32 KIRKLEY LODGE PARK AVENUE |
| 12 Aug 2022 | £70,329 | £70,000 | FLAT 36 KIRKLEY LODGE PARK AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Coquet Avenue |
| Jun 2024 | Anti-social behaviour | On or near Coquet Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Coquet Avenue | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Coquet Avenue |
| May 2024 | Possession of weapons | Awaiting court outcome | On or near Coquet Avenue |