£344,595
This estimated value is based upon the latest sale price for the house of £342,500 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £342,500 | 18 Aug 2023 |
| £250,000 | 5 Feb 2016 |
| £207,950 | 24 Nov 2006 |
| £162,000 | 22 Aug 2003 |
| £125,000 | 22 Mar 2002 |
| Semi-Detached |
| Leasehold |
| Floor Area: 115 sq meters or 1,237 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 August 2023 the House Price Index for TYNE AND WEAR was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £342,500 results in an estimated price of approximately £344,595.
| 18 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.1 | 148.0 | 0.612 % | £342,500 | £2,095 | £344,595 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 36.103 % | £123,654 | £466,154 |
| 3 Month Average | 21.175 % | £72,525 | £415,025 |
| 6 Month Average | 11.248 % | £38,523 | £381,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £344,596 | £342,500 | 29 CROMER AVENUE |
| 21 Jul 2023 | £201,910 | £200,000 | 20 DAWLISH GARDENS |
| 28 Apr 2023 | £115,861 | £115,000 | 18 LYNDEN GATE CROMER AVENUE |
| 9 Mar 2023 | £482,609 | £480,000 | 760 DURHAM ROAD |
| 18 Nov 2022 | £114,395 | £116,250 | 4 LYNDEN GATE CROMER AVENUE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 22 Apr 2015. Using an estimated price of £344,596 means this house is valued at £2,996 per sq meter (£278 per sq foot).
The average size of a house on CROMER AVENUE is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Dawlish Gardens |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wells Gardens |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cedars Green |
| Apr 2024 | Anti-social behaviour | On or near Weymouth Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Weymouth Gardens |