£133,619
This estimated value is based upon the latest sale price for the house of £40,000 on 9 Aug 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £40,000 | 9 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 2001 the House Price Index for TYNE AND WEAR was 44.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 234.049%.Applying this 234.049% change to the original purchase price of £40,000 results in an estimated price of approximately £133,619.
| 9 Aug 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 149.7 | 234.049 % | £40,000 | £93,619 | £133,619 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 332.482 % | £132,992 | £172,992 |
| 3 Month Average | 326.054 % | £130,421 | £170,421 |
| 6 Month Average | 310.586 % | £124,234 | £164,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £381,730 | £370,000 | 27 BOURNE AVENUE |
| 30 Jun 2023 | £362,260 | £355,000 | 38 CHERRYBURN GARDENS |
| 28 Apr 2023 | £234,384 | £230,000 | 3 CHERRYBURN GARDENS |
| 10 Feb 2023 | £327,186 | £325,000 | 16 CHERRYBURN GARDENS |
| 10 Feb 2023 | £354,871 | £352,500 | 43 CHERRYBURN GARDENS |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 22 Oct 2013. Using an estimated price of £133,619 means this house is valued at £896 per sq meter (£83 per sq foot).
The average size of a house on FENHAM HALL DRIVE is 118 sq meters (1,272 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Auburn Gardens |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Auburn Gardens |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Auburn Gardens |
| Jun 2024 | Burglary | Under investigation | On or near Fenham Hall Drive |
| Jun 2024 | Other theft | Under investigation | On or near Ravenside Road |