£208,827
This estimated value is based upon the latest sale price for the house of £170,000 on 29 Jul 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £170,000 | 29 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2019 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £170,000 results in an estimated price of approximately £208,827.
| 29 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £170,000 | £38,827 | £208,827 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -47.682 % | £-81,058 | £88,941 |
| 3 Month Average | 13.812 % | £23,479 | £193,479 |
| 6 Month Average | 12.866 % | £21,871 | £191,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £225,394 | £222,500 | 29 GRANGE PARK AVENUE |
| 6 Jun 2022 | £237,406 | £235,000 | 16 NEWBRIDGE AVENUE |
| 10 Jan 2022 | £289,816 | £276,500 | 3 NEWBRIDGE AVENUE |
| 22 Jun 2021 | £160,289 | £150,000 | 9 NORLEY AVENUE |
| 18 Dec 2020 | £245,762 | £215,000 | 36 GRANGE PARK AVENUE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 10 Jun 2019. Using an estimated price of £208,827 means this house is valued at £2,047 per sq meter (£190 per sq foot).
The average size of a house on NEWHAVEN AVENUE is 134 sq meters (1,443 sq feet).
This house is the largest in the street with a floor area of 102 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Newbridge Avenue |
| Feb 2024 | Other crime | Under investigation | On or near Northwood Court |
| Feb 2024 | Anti-social behaviour | On or near Joannah Street | |
| Feb 2024 | Anti-social behaviour | On or near Joannah Street | |
| Feb 2024 | Anti-social behaviour | On or near Joannah Street |