£316,255
This estimated value is based upon the latest sale price for the house of £237,000 on 14 Oct 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £237,000 | 14 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 October 2016 the House Price Index for TYNE AND WEAR was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £237,000 results in an estimated price of approximately £316,255.
| 14 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £237,000 | £79,255 | £316,255 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 39.337 % | £93,229 | £330,229 |
| 3 Month Average | 47.268 % | £112,025 | £349,025 |
| 6 Month Average | 45.293 % | £107,343 | £344,343 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £265,861 | £260,000 | 12 BELMONT AVENUE |
| 29 Aug 2023 | £455,210 | £447,000 | 18 MEADOW ROAD |
| 18 Aug 2023 | £371,704 | £365,000 | 19 BELMONT AVENUE |
| 30 Sep 2022 | £334,776 | £335,000 | 28 OAKLAND ROAD |
| 23 Sep 2022 | £290,806 | £291,000 | 54 OAKLAND ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 1 Mar 2017. Using an estimated price of £316,255 means this house is valued at £3,329 per sq meter (£309 per sq foot).
The average size of a house on EASTFIELD AVENUE is 117 sq meters (1,261 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Belmont Avenue |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Belmont Avenue |
| Jul 2024 | Public order | Under investigation | On or near Belmont Avenue |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Westfield Avenue |
| Aug 2024 | Robbery | Awaiting court outcome | On or near Westfield Avenue |