£23,401
This estimated value is based upon the latest sale price for the house of £18,500 on 2 Aug 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £18,500 | 2 Aug 2017 |
| Freehold |
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 August 2017 the House Price Index for TYNE AND WEAR was 117.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.496%.Applying this 26.496% change to the original purchase price of £18,500 results in an estimated price of approximately £23,401.
| 2 Aug 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.0 | 26.496 % | £18,500 | £4,901 | £23,401 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -40.611 % | £-7,512 | £10,987 |
| 3 Month Average | -7.934 % | £-1,467 | £17,032 |
| 6 Month Average | -6.576 % | £-1,216 | £17,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £75,459 | £75,000 | 46 BEVAN AVENUE |
| 18 Aug 2023 | £193,929 | £192,750 | 3 BLYTON AVENUE |
| 22 Apr 2022 | £133,333 | £130,000 | 88 ESDALE |
| 31 Mar 2022 | £100,112 | £97,000 | 5 ESDALE |
| 25 Mar 2022 | £108,884 | £105,500 | 66 BEVAN AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Apr 2024 | Other crime | Under investigation | On or near Sports/Recreation Area |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |