£337,367
This estimated value is based upon the latest sale price for the house of £279,000 on 6 Jul 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Highbury Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £279,000 | 6 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £279,000 results in an estimated price of approximately £337,367.
| 6 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £279,000 | £58,367 | £337,367 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -18.505 % | £-51,628 | £227,371 |
| 3 Month Average | -1.878 % | £-5,239 | £273,760 |
| 6 Month Average | 10.981 % | £30,635 | £309,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £156,901 | £155,000 | 51 HIGHWORTH DRIVE |
| 9 Jun 2023 | £139,186 | £137,500 | 14 HEUGH HILL |
| 30 May 2022 | £351,626 | £345,000 | THE OLD POLICE HOUSE HEUGH HILL |
| 20 May 2022 | £122,305 | £120,000 | 33 HEUGH HILL |
| 29 Apr 2022 | £136,963 | £133,000 | 64 HEUGH HILL |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 24 Mar 2018. Using an estimated price of £337,368 means this house is valued at £2,985 per sq meter (£277 per sq foot).
The average size of a house on PEARETH HALL ROAD is 173 sq meters (1,871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Highbury Avenue |
| Jan 2024 | Anti-social behaviour | On or near Heugh Hill | |
| Jan 2024 | Anti-social behaviour | On or near Heugh Hill | |
| Jan 2024 | Anti-social behaviour | On or near Heugh Hill | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heugh Hill |