£321,236
This estimated value is based upon the latest sale price for the house of £260,000 on 27 Nov 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 |
|---|---|
| £260,000 | 27 Nov 2019 |
| £220,000 | 29 Aug 2003 |
| Semi-Detached |
| Leasehold |
| Floor Area: 104 sq meters or 1,119 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 November 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £260,000 results in an estimated price of approximately £321,236.
| 27 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £260,000 | £61,236 | £321,236 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 122.053 % | £317,338 | £577,338 |
| 3 Month Average | 21.302 % | £55,385 | £315,385 |
| 6 Month Average | 23.705 % | £61,632 | £321,632 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £312,716 | £310,000 | 38 CENTRAL AVENUE |
| 1 Nov 2023 | £364,246 | £355,000 | HARTON METHODIST CHURCH SUNDERLAND ROAD |
| 20 Oct 2023 | £404,180 | £395,000 | 21 CENTRAL AVENUE |
| 27 Sep 2023 | £204,508 | £200,000 | 27 CENTRAL AVENUE |
| 22 Mar 2023 | £269,501 | £265,000 | 29 CENTRAL GARDENS |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 22 Aug 2019. Using an estimated price of £321,236 means this house is valued at £3,088 per sq meter (£286 per sq foot).
The average size of a house on CENTRAL AVENUE is 126 sq meters (1,357 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Under investigation | On or near South Avenue |
| Sep 2024 | Shoplifting | Under investigation | On or near South Avenue |
| Sep 2024 | Shoplifting | Under investigation | On or near South Avenue |
| Sep 2024 | Anti-social behaviour | On or near South Avenue | |
| Sep 2024 | Shoplifting | Under investigation | On or near South Avenue |