£129,878
This estimated value is based upon the latest sale price for the house of £101,500 on 24 Mar 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £101,500 | 24 Mar 2017 |
| £125,000 | 8 Sep 2006 |
| £122,500 | 16 Sep 2004 |
| £45,000 | 24 May 2002 |
| £40,000 | 19 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 872 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 2017 the House Price Index for TYNE AND WEAR was 114.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.959%.Applying this 27.959% change to the original purchase price of £101,500 results in an estimated price of approximately £129,878.
| 24 Mar 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 146.7 | 27.959 % | £101,500 | £28,378 | £129,878 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 95.189 % | £96,616 | £198,116 |
| 3 Month Average | 28.484 % | £28,911 | £130,411 |
| 6 Month Average | 17.705 % | £17,970 | £119,470 |
This house has a floor area of 81 sq meters or 872 sq feet when measured on 17 Oct 2008.
The average size of a house on MAY AVENUE is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near May Avenue | |
| Jan 2024 | Public order | Under investigation | On or near Balgonie Cottages |
| Jan 2024 | Anti-social behaviour | On or near Balgonie Cottages | |
| Jan 2024 | Anti-social behaviour | On or near Balgonie Cottages | |
| Jan 2024 | Anti-social behaviour | On or near Balgonie Cottages |