£150,894
This estimated value is based upon the latest sale price for the house of £147,500 on 18 Mar 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £147,500 | 18 Mar 2022 |
| £135,995 | 27 Feb 2015 |
| Terraced |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2022 the House Price Index for TYNE AND WEAR was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £147,500 results in an estimated price of approximately £150,894.
| 18 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £147,500 | £3,394 | £150,894 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | -8.653 % | £-12,763 | £134,736 |
| 3 Month Average | -6.703 % | £-9,886 | £137,613 |
| 6 Month Average | 9.262 % | £13,662 | £161,162 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 5 Mar 2015.
The average size of a house on REDLAND AVENUE is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Redland Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Redland Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Redland Avenue | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redland Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Redland Avenue |