£114,877
This estimated value is based upon the latest sale price for the house of £66,000 on 16 Sep 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £66,000 | 16 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2011 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £66,000 results in an estimated price of approximately £114,877.
| 16 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £66,000 | £48,877 | £114,877 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -38.782 % | £-25,595 | £40,404 |
| 3 Month Average | -1.270 % | £-838 | £65,161 |
| 6 Month Average | 1.246 % | £822 | £66,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £84,295 | £83,000 | 6 MODEL TERRACE |
| 8 Mar 2024 | £96,482 | £95,000 | 3 WOODLAND TERRACE |
| 17 Nov 2023 | £102,605 | £100,000 | 5 FERNDALE ROAD |
| 27 Oct 2023 | £52,185 | £51,000 | 11 RAILWAY TERRACE |
| 15 Sep 2023 | £109,412 | £107,000 | 30 LANGDALE ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 21 Apr 2015. Using an estimated price of £114,877 means this house is valued at £1,664 per sq meter (£154 per sq foot).
The average size of a house on TEESDALE AVENUE is 120 sq meters (1,295 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ferndale Road |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Ferndale Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ferndale Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ferndale Road |
| May 2024 | Criminal damage and arson | Local resolution | On or near Teesdale Avenue |