£465,500
This estimated value is based upon the latest sale price for the house of £284,500 on 29 Oct 2013. 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 Ilfracombe Gardens
More crime details
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| Price Paid | Date |
|---|---|
| £284,500 | 29 Oct 2013 |
| £226,000 | 8 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 2013 the House Price Index for TYNE AND WEAR was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £284,500 results in an estimated price of approximately £465,500.
| 29 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £284,500 | £181,000 | £465,500 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 44.500 % | £126,602 | £411,102 |
| 3 Month Average | 51.479 % | £146,457 | £430,957 |
| 6 Month Average | 47.710 % | £135,734 | £420,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £349,707 | £345,000 | 72 MARINE AVENUE |
| 13 Mar 2023 | £353,329 | £350,000 | 77 EASTBOURNE GARDENS |
| 12 Aug 2022 | £723,054 | £725,000 | 54 MARINE AVENUE |
| 5 Aug 2022 | £249,329 | £250,000 | 14 QUEENS ROAD |
| 29 Jul 2022 | £369,996 | £369,000 | 82 EASTBOURNE GARDENS |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 2 Apr 2013. Using an estimated price of £465,500 means this house is valued at £2,821 per sq meter (£262 per sq foot).
The average size of a house on BALMORAL GARDENS is 158 sq meters (1,707 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ilfracombe Gardens |
| Apr 2024 | Other theft | Under investigation | On or near Ilfracombe Gardens |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Ilfracombe Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kew Gardens |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Avenue |