£106,912
This estimated value is based upon the latest sale price for the house of £102,000 on 17 Jan 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 |
|---|---|
| £102,000 | 17 Jan 2022 |
| £104,300 | 16 Feb 2007 |
| £52,000 | 25 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2022 the House Price Index for TYNE AND WEAR was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £102,000 results in an estimated price of approximately £106,912.
| 17 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £102,000 | £4,912 | £106,912 |
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 | 85.715 % | £87,428 | £189,428 |
| 3 Month Average | -7.338 % | £-7,484 | £94,515 |
| 6 Month Average | 6.982 % | £7,122 | £109,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £101,928 | £100,000 | 60 WILLOW AVENUE |
| 16 Jun 2023 | £126,022 | £125,000 | 22 CYPRESS AVENUE |
| 9 Jun 2023 | £112,916 | £112,000 | 39 ALDER AVENUE |
| 10 Mar 2023 | £128,696 | £128,000 | 12 CYPRESS AVENUE |
| 6 Feb 2023 | £149,294 | £150,000 | 4 CYPRESS AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 25 Oct 2016. Using an estimated price of £106,912 means this house is valued at £1,619 per sq meter (£150 per sq foot).
The average size of a house on PLANETREE AVENUE is 75 sq meters (809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Greenway | |
| Mar 2024 | Other theft | Under investigation | On or near Greenway |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenway |
| Feb 2024 | Other theft | Under investigation | On or near Greenway |
| Feb 2024 | Vehicle crime | Under investigation | On or near Greenway |