£994,532
This estimated value is based upon the latest sale price for the house of £817,500 on 12 Oct 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 |
---|---|
£817,500 | 12 Oct 2018 |
£765,000 | 28 Mar 2014 |
£810,000 | 12 May 2008 |
£650,000 | 25 May 2007 |
£165,000 | 18 Dec 1996 |
Terraced |
Freehold |
Floor Area: 398 sq meters or 4,291 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 October 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.655%.Applying this 21.655% change to the original purchase price of £817,500 results in an estimated price of approximately £994,532.
12 Oct 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 146.7 | 21.655 % | £817,500 | £177,032 | £994,532 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | -4.660 % | £-38,099 | £779,400 |
3 Month Average | 2.085 % | £17,044 | £834,544 |
6 Month Average | 12.646 % | £103,377 | £920,877 |
This house has a floor area of 398 sq meters or 4,291 sq feet when measured on 13 Sep 2011.
The average size of a house on WESTFIELD AVENUE is 231 sq meters (2,491 sq feet).
This house is the largest in the street with a floor area of 398 sq meters (4,291 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Oaklands Avenue | |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Oaklands Avenue |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oaklands Avenue |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Oaklands Avenue |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oaklands Avenue |