£64,187
This estimated value is based upon the latest sale price for the house of £62,000 on 25 Feb 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 |
---|---|
£62,000 | 25 Feb 2022 |
£74,000 | 9 Sep 2005 |
£42,000 | 24 Oct 2003 |
£24,000 | 29 Feb 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 February 2022 the House Price Index for TYNE AND WEAR was 141.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.529%.Applying this 3.529% change to the original purchase price of £62,000 results in an estimated price of approximately £64,187.
25 Feb 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 146.7 | 3.529 % | £62,000 | £2,187 | £64,187 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 6.086 % | £3,773 | £65,773 |
3 Month Average | -2.869 % | £-1,779 | £60,220 |
6 Month Average | -4.427 % | £-2,744 | £59,255 |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 28 Mar 2014.
The average size of a house on TONER AVENUE is 74 sq meters (797 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Johnston Avenue |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Johnston Avenue |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Wilkinson Avenue |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beresford Avenue |
Jan 2024 | Other theft | Under investigation | On or near Beresford Avenue |