£137,236
This estimated value is based upon the latest sale price for the house of £125,000 on 17 Feb 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 |
---|---|
£125,000 | 17 Feb 2022 |
£107,000 | 1 Dec 2017 |
£105,000 | 11 Sep 2015 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 2022 the House Price Index for TYNE AND WEAR was 95.0.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 9.789%.Applying this 9.789% change to the original purchase price of £125,000 results in an estimated price of approximately £137,236.
17 Feb 2022 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.0 | 104.3 | 9.789 % | £125,000 | £12,236 | £137,236 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | -3.749 % | £-4,685 | £120,314 |
3 Month Average | 9.185 % | £11,481 | £136,481 |
6 Month Average | -11.138 % | £-13,922 | £111,077 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2024 | £185,725 | £177,000 | 435 TWO BALL LONNEN |
20 Dec 2023 | £83,247 | £77,500 | 242 OVINGTON GROVE |
29 Sep 2023 | £143,532 | £135,000 | 184 TWO BALL LONNEN |
15 May 2023 | £100,802 | £95,100 | 312 OVINGTON GROVE |
10 Mar 2023 | £135,262 | £128,000 | 12 CYPRESS AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 7 Apr 2015. Using an estimated price of £137,237 means this house is valued at £1,653 per sq meter (£153 per sq foot).
The average size of a house on CYPRESS AVENUE is 90 sq meters (977 sq feet).
This house is the largest in the street with a floor area of 83 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Public order | Under investigation | On or near Petrol Station |
Jan 2025 | Public order | Investigation complete; no suspect identified | On or near Westerhope Gardens |
Jan 2025 | Public order | Investigation complete; no suspect identified | On or near Westerhope Gardens |