£109,172
This estimated value is based upon the latest sale price for the house of £72,000 on 3 Sep 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £72,000 | 3 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 September 2014 the House Price Index for TYNE AND WEAR was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £72,000 results in an estimated price of approximately £109,172.
| 3 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £72,000 | £37,172 | £109,172 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -27.772 % | £-19,995 | £52,004 |
| 3 Month Average | -0.924 % | £-665 | £71,334 |
| 6 Month Average | 7.627 % | £5,491 | £77,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £116,794 | £115,000 | 22 JENNIFER AVENUE |
| 1 Mar 2024 | £84,803 | £83,500 | 20 LANSBURY WAY |
| 1 Dec 2023 | £82,536 | £80,000 | 49 ETHEL TERRACE |
| 29 Mar 2023 | £61,019 | £60,000 | 19 ETHEL TERRACE |
| 10 Mar 2023 | £72,206 | £71,000 | 27 OSWALD TERRACE SOUTH |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 6 Jan 2014. Using an estimated price of £109,172 means this house is valued at £1,213 per sq meter (£112 per sq foot).
The average size of a house on JENNIFER AVENUE is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jennifer Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Jennifer Avenue |
| Jun 2024 | Anti-social behaviour | On or near Sheppard Terrace | |
| Jun 2024 | Anti-social behaviour | On or near Sheppard Terrace |