£102,886
This estimated value is based upon the latest sale price for the house of £60,000 on 20 Jul 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £60,000 | 20 Jul 2012 |
| £84,500 | 4 Nov 2005 |
| £26,000 | 30 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 876 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 July 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £60,000 results in an estimated price of approximately £102,886.
| 20 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £60,000 | £42,886 | £102,886 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 57.456 % | £34,473 | £94,473 |
| 3 Month Average | 43.265 % | £25,959 | £85,959 |
| 6 Month Average | 51.075 % | £30,644 | £90,644 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jul 2024 | £448,400 | £448,400 | FLAT THE NEW MILL CHESTERTON ROAD |
| 11 Apr 2024 | £85,341 | £84,600 | 121 BUNYAN AVENUE |
| 8 Nov 2023 | £69,771 | £68,000 | 44 SHERIDAN ROAD |
| 5 Oct 2023 | £122,789 | £120,000 | 83 GALSWORTHY ROAD |
| 20 Mar 2023 | £105,766 | £104,000 | 81 BELLOC AVENUE |
This house has a floor area of 81 sq meters or 876 sq feet when measured on 12 Jul 2010. Using an estimated price of £102,887 means this house is valued at £1,263 per sq meter (£117 per sq foot).
The average size of a house on BELLOC AVENUE is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ruskin Crescent |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Ruskin Crescent |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ruskin Crescent |
| Sep 2024 | Criminal damage and arson | Awaiting court outcome | On or near Ruskin Crescent |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Ruskin Crescent |