£173,549
This estimated value is based upon the latest sale price for the house of £136,000 on 18 Apr 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £136,000 | 18 Apr 2017 |
| £122,000 | 8 Nov 2013 |
| £57,500 | 9 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 April 2017 the House Price Index for TYNE AND WEAR was 115.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.610%.Applying this 27.610% change to the original purchase price of £136,000 results in an estimated price of approximately £173,549.
| 18 Apr 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 146.7 | 27.610 % | £136,000 | £37,549 | £173,549 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -9.263 % | £-12,597 | £123,402 |
| 3 Month Average | 26.009 % | £35,372 | £171,372 |
| 6 Month Average | 31.251 % | £42,501 | £178,501 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 30 Aug 2013.
The average size of a house on LARCH AVENUE is 112 sq meters (1,208 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Larch Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kyffin View |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kyffin View |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Kyffin View |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Kyffin View |