£259,631
This estimated value is based upon the latest sale price for the house of £252,000 on 26 Jan 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £252,000 | 26 Jan 2024 |
| £182,500 | 7 Jan 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 January 2024 the House Price Index for TYNE AND WEAR was 145.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.028%.Applying this 3.028% change to the original purchase price of £252,000 results in an estimated price of approximately £259,631.
| 26 Jan 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.3 | 149.7 | 3.028 % | £252,000 | £7,631 | £259,631 |
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 | -54.069 % | £-136,254 | £115,745 |
| 3 Month Average | 7.124 % | £17,951 | £269,951 |
| 6 Month Average | 6.239 % | £15,723 | £267,723 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £132,058 | £128,000 | 7 HORSLEY AVENUE |
| 5 Dec 2023 | £294,035 | £285,000 | 5 STONEYLEA CLOSE |
| 3 Oct 2023 | £173,951 | £170,000 | 2 STONEYLEA CLOSE |
| 8 Sep 2023 | £199,396 | £195,000 | 30 BYWELL CLOSE |
| 31 Aug 2023 | £178,214 | £175,000 | 6 WESTBURN MEWS |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 1 Aug 2018.
The average size of a house on HORSLEY AVENUE is 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wesley Mount |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Old Main Street |
| Aug 2024 | Anti-social behaviour | On or near Old Main Street | |
| Aug 2024 | Anti-social behaviour | On or near Old Main Street | |
| Aug 2024 | Anti-social behaviour | On or near Old Main Street |