£49,277
This estimated value is based upon the latest sale price for the house of £39,950 on 15 Feb 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 |
|---|---|
| £39,950 | 15 Feb 2018 |
| £39,900 | 14 Oct 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 February 2018 the House Price Index for TYNE AND WEAR was 118.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.348%.Applying this 23.348% change to the original purchase price of £39,950 results in an estimated price of approximately £49,277.
| 15 Feb 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 146.7 | 23.348 % | £39,950 | £9,327 | £49,277 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 39.455 % | £15,762 | £55,712 |
| 3 Month Average | -1.349 % | £-539 | £39,410 |
| 6 Month Average | -8.166 % | £-3,262 | £36,687 |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 22 Feb 2016.
There is one other house on the street which we know the size of, this is 2 WYE ROAD it is 49.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clyde Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Clyde Avenue |
| Mar 2024 | Anti-social behaviour | On or near Liffey Road | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Liffey Road |
| Mar 2024 | Drugs | Under investigation | On or near Liffey Road |