£130,373
This estimated value is based upon the latest sale price for the house of £127,500 on 1 Sep 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £127,500 | 1 Sep 2023 |
| £112,500 | 13 Oct 2017 |
| £39,500 | 28 Jul 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 September 2023 the House Price Index for TYNE AND WEAR was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £127,500 results in an estimated price of approximately £130,373.
| 1 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £127,500 | £2,873 | £130,373 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 25.197 % | £32,126 | £159,626 |
| 3 Month Average | 15.247 % | £19,440 | £146,940 |
| 6 Month Average | 13.733 % | £17,509 | £145,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £95,000 | £95,000 | 55 COPLEY AVENUE |
| 7 May 2024 | £85,000 | £85,000 | 118 REMBRANDT AVENUE |
| 5 Apr 2024 | £93,310 | £92,500 | 125 COPLEY AVENUE |
| 19 Mar 2024 | £152,848 | £150,500 | 57 MILLAIS GARDENS |
| 8 Dec 2023 | £134,121 | £130,000 | 36 TITIAN AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 23 Mar 2013. Using an estimated price of £130,374 means this house is valued at £1,552 per sq meter (£144 per sq foot).
The average size of a house on TITIAN AVENUE is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Under investigation | On or near Copley Avenue |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Copley Avenue |
| Sep 2024 | Public order | Under investigation | On or near Copley Avenue |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Copley Avenue |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Copley Avenue |