£226,788
This estimated value is based upon the latest sale price for the house of £184,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £184,000 | 21 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 February 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £184,000 results in an estimated price of approximately £226,788.
| 21 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £184,000 | £42,788 | £226,788 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 9.241 % | £17,003 | £201,003 |
| 3 Month Average | 10.969 % | £20,182 | £204,182 |
| 6 Month Average | 9.642 % | £17,740 | £201,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £253,896 | £249,995 | 7 COLERIDGE AVENUE |
| 21 Sep 2023 | £209,621 | £205,000 | 10 COLERIDGE AVENUE |
| 25 Aug 2023 | £286,161 | £281,000 | 8 ONSLOW GARDENS |
| 3 Feb 2023 | £328,192 | £326,000 | 1 ONSLOW GARDENS |
| 6 Jan 2023 | £270,723 | £270,000 | 10 ONSLOW GARDENS |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 11 Sep 2019. Using an estimated price of £226,789 means this house is valued at £2,362 per sq meter (£219 per sq foot).
The average size of a house on COLERIDGE AVENUE is 104 sq meters (1,128 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Coleridge Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Coleridge Avenue | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Myrtle Grove |
| Aug 2024 | Burglary | Under investigation | On or near Killowen Street |
| Jul 2024 | Anti-social behaviour | On or near Killowen Street |