£541,072
This estimated value is based upon the latest sale price for the house of £318,000 on 21 Nov 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £318,000 | 21 Nov 2011 |
| £250,000 | 11 Jul 2002 |
| £85,000 | 10 Apr 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 224 sq meters or 2,411 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 November 2011 the House Price Index for TYNE AND WEAR was 86.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.149%.Applying this 70.149% change to the original purchase price of £318,000 results in an estimated price of approximately £541,072.
| 21 Nov 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 146.7 | 70.149 % | £318,000 | £223,072 | £541,072 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 11.308 % | £35,960 | £353,960 |
| 3 Month Average | -0.007 % | £-23 | £317,976 |
| 6 Month Average | 18.157 % | £57,740 | £375,740 |
This house has a floor area of 224 sq meters or 2,411 sq feet when measured on 15 Dec 2017.
The average size of a house on OSBORNE AVENUE is 141 sq meters (1,518 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Holly Avenue |
| Mar 2024 | Anti-social behaviour | On or near Holly Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Holly Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Holly Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Holly Avenue |