£156,480
This estimated value is based upon the latest sale price for the house of £106,500 on 2 Apr 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £106,500 | 2 Apr 2015 |
| 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 April 2015 the House Price Index for TYNE AND WEAR was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £106,500 results in an estimated price of approximately £156,480.
| 2 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £106,500 | £49,980 | £156,480 |
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 | -12.303 % | £-13,102 | £93,397 |
| 3 Month Average | 3.272 % | £3,484 | £109,984 |
| 6 Month Average | 14.111 % | £15,027 | £121,527 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Feb 2023 | £184,876 | £185,000 | 8 GOWLAND AVENUE |
| 10 Feb 2023 | £143,055 | £143,151 | 50 MIDDLETON AVENUE |
| 17 Nov 2020 | £183,178 | £158,000 | 14 GOWLAND AVENUE |
| 24 Jul 2020 | £205,564 | £170,000 | 50 GOWLAND AVENUE |
| 17 Jul 2020 | £183,799 | £152,000 | 51 GOWLAND AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 30 Oct 2014. Using an estimated price of £156,481 means this house is valued at £1,682 per sq meter (£156 per sq foot).
The average size of a house on MIDDLETON AVENUE is 121 sq meters (1,310 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Hadrian Road | |
| Mar 2024 | Anti-social behaviour | On or near Hadrian Road | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hadrian Road |
| Mar 2024 | Anti-social behaviour | On or near Hadrian Road | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hadrian Road |