£165,537
This estimated value is based upon the latest sale price for the house of £134,000 on 21 Jan 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£134,000 | 21 Jan 2019 |
£79,000 | 22 Mar 2011 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 876 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 January 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £134,000 results in an estimated price of approximately £165,537.
21 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.536 % | £134,000 | £31,537 | £165,537 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | -11.807 % | £-15,820 | £118,179 |
3 Month Average | 4.481 % | £6,004 | £140,004 |
6 Month Average | 7.607 % | £10,193 | £144,193 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £100,282 | £99,000 | 61 STONELEIGH AVENUE |
29 Sep 2023 | £164,605 | £162,500 | 6 WEST FARM AVENUE |
13 Sep 2023 | £146,979 | £145,100 | 12 WELDON ROAD |
25 Aug 2023 | £164,439 | £163,000 | 6 KETTON CLOSE |
21 Aug 2023 | £89,165 | £88,385 | 35 WEST FARM AVENUE |
This house has a floor area of 81 sq meters or 876 sq feet when measured on 22 Nov 2010. Using an estimated price of £165,538 means this house is valued at £2,033 per sq meter (£188 per sq foot).
The average size of a house on WEST FARM AVENUE is 72 sq meters (775 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hollington Avenue |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hollington Avenue |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Hollington Avenue |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Hollington Avenue |
Feb 2024 | Anti-social behaviour | On or near Clipsham Close |