£262,506
This estimated value is based upon the latest sale price for the house of £79,500 on 21 Sep 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£79,500 | 21 Sep 2001 |
Detached |
Leasehold |
Floor Area: 121 sq meters or 1,302 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 September 2001 the House Price Index for TYNE AND WEAR was 45.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 230.197%.Applying this 230.197% change to the original purchase price of £79,500 results in an estimated price of approximately £262,506.
21 Sep 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.3 | 149.7 | 230.197 % | £79,500 | £183,006 | £262,506 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 379.747 % | £301,899 | £381,399 |
3 Month Average | 289.915 % | £230,482 | £309,982 |
6 Month Average | 262.610 % | £208,775 | £288,275 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £170,000 | £170,000 | 14 ALDER ROAD |
20 Apr 2023 | £112,046 | £109,950 | 19 ASHBURN ROAD |
17 Mar 2023 | £132,208 | £130,000 | 25 CATTON PLACE |
28 Jul 2022 | £121,215 | £120,000 | 18 ASHBURN ROAD |
6 Apr 2022 | £72,620 | £70,000 | 87 BOWNESS AVENUE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 28 Nov 2013. Using an estimated price of £262,507 means this house is valued at £2,169 per sq meter (£201 per sq foot).
The average size of a house on ABERCORN PLACE is 127 sq meters (1,375 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,302 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Abercorn Place | |
May 2024 | Anti-social behaviour | On or near Abercorn Place | |
May 2024 | Anti-social behaviour | On or near Abercorn Place | |
Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Andover Place |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Andover Place |