£81,616
This estimated value is based upon the latest sale price for the house of £67,000 on 20 Jul 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £67,000 | 20 Jul 2020 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £67,000 results in an estimated price of approximately £81,616.
| 20 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £67,000 | £14,616 | £81,616 |
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 | -23.060 % | £-15,450 | £51,549 |
| 3 Month Average | 1.774 % | £1,188 | £68,188 |
| 6 Month Average | 16.287 % | £10,912 | £77,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £85,341 | £84,600 | 121 BUNYAN AVENUE |
| 19 Dec 2023 | £361,096 | £350,000 | 21 GALSWORTHY ROAD |
| 8 Nov 2023 | £69,771 | £68,000 | 44 SHERIDAN ROAD |
| 5 Oct 2023 | £122,789 | £120,000 | 83 GALSWORTHY ROAD |
| 14 Sep 2023 | £73,623 | £72,000 | 2 DRYDEN CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 30 Jan 2015. Using an estimated price of £81,616 means this house is valued at £1,165 per sq meter (£108 per sq foot).
The average size of a house on KINGSLEY AVENUE is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Bunyan Avenue |
| Nov 2024 | Public order | Investigation complete; no suspect identified | On or near Bunyan Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bunyan Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bunyan Avenue |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bunyan Avenue |