£295,100
This estimated value is based upon the latest sale price for the house of £160,500 on 2 Jun 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £160,500 | 2 Jun 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2005 the House Price Index for TYNE AND WEAR was 80.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 83.863%.Applying this 83.863% change to the original purchase price of £160,500 results in an estimated price of approximately £295,100.
| 2 Jun 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.0 | 83.863 % | £160,500 | £134,600 | £295,100 |
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 | 206.244 % | £331,021 | £491,521 |
| 3 Month Average | 60.050 % | £96,380 | £256,880 |
| 6 Month Average | 65.648 % | £105,364 | £265,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £195,661 | £195,000 | 120 SUTHERLAND AVENUE |
| 15 Dec 2023 | £142,700 | £140,000 | 69 SUTHERLAND AVENUE |
| 8 Dec 2023 | £181,433 | £178,000 | 8 OLIVER AVENUE |
| 25 Apr 2023 | £194,445 | £193,000 | 138 SUTHERLAND AVENUE |
| 24 Feb 2023 | £109,482 | £110,000 | 68 SEVERUS ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 12 Dec 2019. Using an estimated price of £295,100 means this house is valued at £2,459 per sq meter (£228 per sq foot).
The average size of a house on SEVERUS ROAD is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Severus Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Severus Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Severus Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Baldwin Avenue |
| Mar 2024 | Anti-social behaviour | On or near Baldwin Avenue |