£271,866
This estimated value is based upon the latest sale price for the house of £264,000 on 21 Apr 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£264,000 | 21 Apr 2022 |
£155,500 | 3 Apr 2020 |
£5,650 | 8 Jan 2020 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 2022 the House Price Index for TYNE AND WEAR was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £264,000 results in an estimated price of approximately £271,866.
21 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.6 | 2.980 % | £264,000 | £7,866 | £271,866 |
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 | 24.649 % | £65,073 | £329,073 |
3 Month Average | 2.950 % | £7,786 | £271,786 |
6 Month Average | 5.456 % | £14,405 | £278,405 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £198,473 | £195,000 | 117 BAMBURGH AVENUE |
8 Dec 2023 | £203,562 | £200,000 | 129 BAMBURGH AVENUE |
24 Nov 2023 | £225,844 | £222,500 | 183 NORHAM AVENUE NORTH |
25 Nov 2022 | £177,846 | £180,000 | 130 NORHAM AVENUE NORTH |
15 Jun 2022 | £213,010 | £210,000 | 4 CLAREWOOD AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 19 Sep 2019. Using an estimated price of £271,867 means this house is valued at £3,485 per sq meter (£323 per sq foot).
The average size of a house on ALLENDALE DRIVE is 88 sq meters (957 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Allendale Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Allendale Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Allendale Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Allendale Drive |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Allendale Drive |