£49,339
This estimated value is based upon the latest sale price for the house of £40,000 on 13 Feb 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Bedford Avenue
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| Price Paid | Date |
|---|---|
| £40,000 | 13 Feb 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 2018 the House Price Index for TYNE AND WEAR was 118.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.348%.Applying this 23.348% change to the original purchase price of £40,000 results in an estimated price of approximately £49,339.
| 13 Feb 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 146.7 | 23.348 % | £40,000 | £9,339 | £49,339 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -19.266 % | £-7,706 | £32,293 |
| 3 Month Average | -14.093 % | £-5,637 | £34,362 |
| 6 Month Average | 10.179 % | £4,071 | £44,071 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 28 Mar 2018.
The average size of a house on BEDFORD AVENUE is 98 sq meters (1,061 sq feet).
This house is the largest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Bedford Avenue |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Bedford Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bedford Avenue |
| Jan 2024 | Other crime | Awaiting court outcome | On or near Bedford Avenue |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bedford Avenue |