£407,841
This estimated value is based upon the latest sale price for the house of £295,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£295,000 | 15 Jan 2016 |
£186,000 | 17 Jan 2003 |
Semi-Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 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 January 2016 the House Price Index for TYNE AND WEAR was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £295,000 results in an estimated price of approximately £407,841.
15 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £295,000 | £112,841 | £407,841 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | -28.029 % | £-82,684 | £212,315 |
3 Month Average | 44.912 % | £132,489 | £427,489 |
6 Month Average | 22.061 % | £65,079 | £360,079 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £436,069 | £425,000 | 22 SHORESTONE AVENUE |
31 Mar 2023 | £686,464 | £675,000 | 6 AMBLE AVENUE |
13 Feb 2023 | £362,421 | £360,000 | 19 BURNSIDE ROAD |
12 Jul 2022 | £326,269 | £323,000 | 12 SHORESTONE AVENUE |
7 Jul 2022 | £383,846 | £380,000 | 20 AMBLE AVENUE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 1 Oct 2015. Using an estimated price of £407,841 means this house is valued at £3,342 per sq meter (£310 per sq foot).
The average size of a house on AMBLE AVENUE is 117 sq meters (1,260 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chollerford Avenue |
Jul 2024 | Vehicle crime | Under investigation | On or near Chollerford Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Burnside Road |
Jun 2024 | Anti-social behaviour | On or near St George'S Road | |
Jun 2024 | Anti-social behaviour | On or near St George'S Road |