£197,037
This estimated value is based upon the latest sale price for the house of £135,000 on 20 May 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £135,000 | 20 May 2015 |
| £125,000 | 4 May 2010 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 905 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 May 2015 the House Price Index for TYNE AND WEAR was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £135,000 results in an estimated price of approximately £197,037.
| 20 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £135,000 | £62,037 | £197,037 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | -30.539 % | £-41,227 | £93,772 |
| 3 Month Average | 5.133 % | £6,929 | £141,929 |
| 6 Month Average | 16.761 % | £22,626 | £157,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £182,705 | £180,000 | 10 PEREGRINE PLACE |
| 19 Sep 2023 | £165,111 | £163,000 | 10 SHEARWATER AVENUE |
| 11 Aug 2023 | £79,697 | £79,000 | 38 STONECHAT PLACE |
| 14 Jul 2023 | £215,399 | £212,500 | 24 BLACKFRIARS WAY |
| 4 Jul 2023 | £177,387 | £175,000 | 44 STONELEIGH AVENUE |
This house has a floor area of 84 sq meters or 905 sq feet when measured on 5 Feb 2010. Using an estimated price of £197,038 means this house is valued at £2,343 per sq meter (£217 per sq foot).
The average size of a house on SHEARWATER AVENUE is 92 sq meters (997 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Curlew Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Curlew Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Curlew Close |
| Mar 2024 | Anti-social behaviour | On or near Falcon Place | |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Curlew Close |