£117,298
This estimated value is based upon the latest sale price for the house of £70,000 on 15 Apr 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £70,000 | 15 Apr 2010 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 806 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 April 2010 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.569%.Applying this 67.569% change to the original purchase price of £70,000 results in an estimated price of approximately £117,298.
| 15 Apr 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 146.7 | 67.569 % | £70,000 | £47,298 | £117,298 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 48.156 % | £33,709 | £103,709 |
| 3 Month Average | 7.086 % | £4,959 | £74,959 |
| 6 Month Average | 26.405 % | £18,483 | £88,483 |
This house has a floor area of 74 sq meters or 806 sq feet when measured on 1 Apr 2010.
There is one other house on the street which we know the size of, this is 15 PARSONS AVENUE it is 71.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Troutbeck Avenue |
| Mar 2024 | Anti-social behaviour | On or near Scrogg Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Scrogg Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Scrogg Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Scrogg Road |