£144,953
This estimated value is based upon the latest sale price for the house of £117,000 on 11 Jun 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £117,000 | 11 Jun 2018 |
| £125,000 | 22 Mar 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 June 2018 the House Price Index for TYNE AND WEAR was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £117,000 results in an estimated price of approximately £144,953.
| 11 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £117,000 | £27,953 | £144,953 |
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 | 96.340 % | £112,717 | £229,717 |
| 3 Month Average | 15.574 % | £18,222 | £135,222 |
| 6 Month Average | 18.517 % | £21,664 | £138,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £195,661 | £195,000 | 120 SUTHERLAND AVENUE |
| 15 Dec 2023 | £142,700 | £140,000 | 69 SUTHERLAND AVENUE |
| 25 Apr 2023 | £194,445 | £193,000 | 138 SUTHERLAND AVENUE |
| 30 Jun 2022 | £80,819 | £80,000 | 82 SEVERUS ROAD |
| 30 Jun 2022 | £101,024 | £100,000 | 80 SEVERUS ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 3 Feb 2015. Using an estimated price of £144,954 means this house is valued at £1,393 per sq meter (£129 per sq foot).
The average size of a house on GOWLAND AVENUE is 113 sq meters (1,219 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Hadrian Road | |
| Mar 2024 | Anti-social behaviour | On or near Hadrian Road | |
| Mar 2024 | Anti-social behaviour | On or near Hadrian Road | |
| Mar 2024 | Anti-social behaviour | On or near Hadrian Road | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hadrian Road |