£203,662
This estimated value is based upon the latest sale price for the house of £163,000 on 16 Feb 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £163,000 | 16 Feb 2018 |
| £152,000 | 19 Jul 2013 |
| £55,000 | 3 Dec 2001 |
| Semi-Detached |
| Leasehold |
| 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 February 2018 the House Price Index for TYNE AND WEAR was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £163,000 results in an estimated price of approximately £203,662.
| 16 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £163,000 | £40,662 | £203,662 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 4.320 % | £7,042 | £170,042 |
| 3 Month Average | 2.408 % | £3,925 | £166,925 |
| 6 Month Average | 11.882 % | £19,368 | £182,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £207,124 | £203,500 | 1 LYNDHOLME BEACON LOUGH ROAD |
| 24 Nov 2023 | £142,104 | £140,000 | 8 LONGSTONE PIMLICO COURT |
| 9 Nov 2023 | £294,358 | £290,000 | 10 ORCHARD GARDENS |
| 7 Jul 2023 | £112,514 | £111,000 | 50 ISLESTONE |
| 23 Feb 2023 | £249,832 | £250,000 | 36 HOME AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 6 Feb 2013. Using an estimated price of £203,662 means this house is valued at £3,085 per sq meter (£286 per sq foot).
The average size of a house on HOME AVENUE is 98 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Pimlico Court | |
| Dec 2023 | Anti-social behaviour | On or near Pimlico Court | |
| Dec 2023 | Anti-social behaviour | On or near Pimlico Court | |
| Dec 2023 | Anti-social behaviour | On or near Pimlico Court | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cherrytree Gardens |