£65,427
This estimated value is based upon the latest sale price for the house of £56,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£56,000 | 30 Oct 2020 |
£60,500 | 19 Mar 2012 |
£53,500 | 8 Aug 2003 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,008 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 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £56,000 results in an estimated price of approximately £65,427.
30 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.0 | 16.835 % | £56,000 | £9,427 | £65,427 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 25.226 % | £14,126 | £70,126 |
3 Month Average | 21.171 % | £11,855 | £67,855 |
6 Month Average | 17.366 % | £9,724 | £65,724 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jul 2023 | £75,716 | £75,000 | 22 MURRAY AVENUE |
14 Apr 2023 | £85,636 | £85,000 | 11 GRANGE AVENUE |
1 Aug 2022 | £68,537 | £69,000 | 2 MORLEY TERRACE |
5 Nov 2021 | £80,786 | £75,000 | 1 MURRAY AVENUE |
6 Oct 2021 | £82,651 | £75,000 | 30 ACACIA AVENUE |
This house has a floor area of 93 sq meters or 1,008 sq feet when measured on 31 Oct 2011. Using an estimated price of £65,427 means this house is valued at £698 per sq meter (£64 per sq foot).
The average size of a house on ROSE AVENUE is 87 sq meters (944 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rose Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rose Avenue |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Rose Avenue |
Mar 2024 | Possession of weapons | Under investigation | On or near Rose Avenue |
Mar 2024 | Public order | Under investigation | On or near Rose Avenue |