£75,506
This estimated value is based upon the latest sale price for the house of £72,000 on 4 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 |
|---|---|
| £72,000 | 4 Feb 2022 |
| £45,000 | 14 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £72,000 results in an estimated price of approximately £75,506.
| 4 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £72,000 | £3,506 | £75,506 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -23.854 % | £-17,174 | £54,825 |
| 3 Month Average | -3.176 % | £-2,287 | £69,712 |
| 6 Month Average | -19.237 % | £-13,850 | £58,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £157,329 | £155,000 | 22 COPTLEIGH |
| 7 Sep 2023 | £207,655 | £205,000 | 9 COPTLEIGH |
| 12 Jun 2023 | £315,826 | £312,000 | 48 COPTLEIGH |
| 21 Apr 2023 | £114,229 | £112,999 | 16 DENE AVENUE |
| 26 Aug 2022 | £185,501 | £186,000 | 16 COPTLEIGH |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 23 Sep 2016. Using an estimated price of £75,506 means this house is valued at £1,020 per sq meter (£94 per sq foot).
The average size of a house on DENE AVENUE is 95 sq meters (1,028 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dene Avenue |
| Feb 2024 | Anti-social behaviour | On or near Dene Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Dene Avenue | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dene Avenue |
| Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Dene Avenue |