£554,258
This estimated value is based upon the latest sale price for the house of £450,000 on 26 Apr 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£450,000 | 26 Apr 2019 |
£116,150 | 4 Jul 1997 |
Semi-Detached |
Freehold |
Floor Area: 133 sq meters or 1,431 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 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £450,000 results in an estimated price of approximately £554,258.
26 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.0 | 23.169 % | £450,000 | £104,258 | £554,258 |
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 | -12.015 % | £-54,068 | £395,931 |
3 Month Average | 28.137 % | £126,614 | £576,614 |
6 Month Average | 16.317 % | £73,425 | £523,425 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £185,627 | £185,000 | 2 - 4 DENEWELL AVENUE |
1 Mar 2024 | £246,834 | £246,000 | 14 STRATFORD GARDENS |
4 Dec 2023 | £328,209 | £322,000 | 18 CLEASBY GARDENS |
31 Jul 2023 | £292,769 | £290,000 | 8 THORNLEA GARDENS |
21 Jul 2023 | £318,008 | £315,000 | 34 DENEWELL AVENUE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 8 Feb 2019. Using an estimated price of £554,259 means this house is valued at £4,167 per sq meter (£387 per sq foot).
The average size of a house on DENEWELL AVENUE is 154 sq meters (1,661 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Thornlea Gardens |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stratford Gardens |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Stratford Gardens |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Beaconsfield Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Beaconsfield Road |