£661,475
This estimated value is based upon the latest sale price for the house of £390,000 on 8 Jun 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £390,000 | 8 Jun 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 170 sq meters or 1,837 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 June 2012 the House Price Index for TYNE AND WEAR was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £390,000 results in an estimated price of approximately £661,475.
| 8 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £390,000 | £271,475 | £661,475 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 7.577 % | £29,551 | £419,551 |
| 3 Month Average | 15.295 % | £59,649 | £449,649 |
| 6 Month Average | 22.803 % | £88,931 | £478,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £246,000 | £246,000 | 14 STRATFORD GARDENS |
| 31 Jul 2023 | £293,956 | £290,000 | 8 THORNLEA GARDENS |
| 21 Jul 2023 | £319,297 | £315,000 | 34 DENEWELL AVENUE |
| 7 Mar 2023 | £302,853 | £300,000 | 40 BEACONSFIELD ROAD |
| 20 Jan 2023 | £40,808 | £41,000 | 13 ROSEFINCH LODGE BEACONSFIELD ROAD |
This house has a floor area of 170 sq meters or 1,837 sq feet when measured on 12 May 2010. Using an estimated price of £661,476 means this house is valued at £3,875 per sq meter (£360 per sq foot).
The average size of a house on DENEWELL AVENUE is 154 sq meters (1,661 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Beaconsfield Road | |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Beaconsfield Road |
| Feb 2024 | Drugs | Under investigation | On or near Beaconsfield Road |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Beaconsfield Road |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Joicey Road |