£134,409
This estimated value is based upon the latest sale price for the house of £108,000 on 25 Mar 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 |
|---|---|
| £108,000 | 25 Mar 2019 |
| £83,000 | 27 Oct 2009 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 March 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £108,000 results in an estimated price of approximately £134,409.
| 25 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £108,000 | £26,409 | £134,409 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 40.315 % | £43,540 | £151,540 |
| 3 Month Average | 21.459 % | £23,175 | £131,175 |
| 6 Month Average | 16.271 % | £17,572 | £125,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £122,204 | £120,000 | 24 EASTGATE GARDENS |
| 14 Jun 2023 | £107,147 | £105,000 | 23 CLOVELLY AVENUE |
| 16 May 2022 | £195,082 | £190,000 | 27 ILFRACOMBE AVENUE |
| 24 Mar 2022 | £40,405 | £60,000 | 30 DIPTON AVENUE |
| 15 Mar 2022 | £113,789 | £109,000 | 15 EASTGATE GARDENS |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 2 Jul 2009. Using an estimated price of £134,410 means this house is valued at £1,768 per sq meter (£164 per sq foot).
The average size of a house on CLOVELLY AVENUE is 101 sq meters (1,093 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Awaiting court outcome | On or near Clovelly Avenue |
| Apr 2024 | Public order | Under investigation | On or near Clovelly Avenue |
| Jun 2024 | Other theft | Under investigation | On or near Ilfracombe Avenue |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ilfracombe Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ilfracombe Avenue |