£145,353
This estimated value is based upon the latest sale price for the house of £28,750 on 27 Jun 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£28,750 | 27 Jun 1997 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 June 1997 the House Price Index for TYNE AND WEAR was 29.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 405.578%.Applying this 405.578% change to the original purchase price of £28,750 results in an estimated price of approximately £145,353.
27 Jun 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.0 | 146.7 | 405.578 % | £28,750 | £116,603 | £145,353 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | 55.215 % | £15,874 | £44,624 |
3 Month Average | 12.765 % | £3,669 | £32,419 |
6 Month Average | 103.758 % | £29,830 | £58,580 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 1 Sep 2009.
The average size of a house on RAYDALE AVENUE is 95 sq meters (1,032 sq feet).
This house is the largest in the street with a floor area of 93 sq meters (1,001 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Under investigation | On or near Raydale Avenue |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Raydale Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Garsdale Avenue |
Mar 2024 | Drugs | Under investigation | On or near Garsdale Avenue |
Feb 2024 | Anti-social behaviour | On or near Garsdale Avenue |