£201,404
This estimated value is based upon the latest sale price for the house of £133,000 on 15 Aug 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £133,000 | 15 Aug 2014 |
| £49,500 | 12 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 August 2014 the House Price Index for TYNE AND WEAR was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £133,000 results in an estimated price of approximately £201,404.
| 15 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £133,000 | £68,404 | £201,404 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | -22.871 % | £-30,418 | £102,581 |
| 3 Month Average | 25.852 % | £34,383 | £167,383 |
| 6 Month Average | 32.681 % | £43,465 | £176,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £157,329 | £155,000 | 55 THORNTREE DRIVE |
| 17 Nov 2023 | £76,127 | £75,000 | 74 TANTOBIE ROAD |
| 10 Nov 2023 | £152,254 | £150,000 | 15 BAINFORD AVENUE |
| 14 Jun 2023 | £180,183 | £178,000 | 33 THORNTREE DRIVE |
| 23 Aug 2022 | £184,503 | £185,000 | 9 BAINFORD AVENUE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 9 May 2014. Using an estimated price of £201,404 means this house is valued at £1,900 per sq meter (£176 per sq foot).
The average size of a house on BAINFORD AVENUE is 120 sq meters (1,293 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ronald Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Thorntree Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thorntree Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tantobie Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Tantobie Road |