£326,313
This estimated value is based upon the latest sale price for the house of £212,000 on 18 Jul 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£212,000 | 18 Jul 2014 |
Semi-Detached |
Leasehold |
Floor Area: 107 sq meters or 1,151 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 2014 the House Price Index for TYNE AND WEAR was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £212,000 results in an estimated price of approximately £326,313.
18 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £212,000 | £114,313 | £326,313 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -22.142 % | £-46,941 | £165,058 |
3 Month Average | 40.206 % | £85,236 | £297,236 |
6 Month Average | 21.535 % | £45,655 | £257,655 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Apr 2024 | £479,161 | £475,000 | 5 ASHLEIGH CLOSE |
18 Dec 2023 | £402,364 | £390,000 | 16 BERKLEY AVENUE |
15 Dec 2023 | £747,984 | £725,000 | 3 HOME FARM COTTAGES |
12 Jan 2023 | £112,300 | £112,000 | 7 BIRCHAM DRIVE |
28 Jul 2022 | £384,856 | £381,000 | 4 ASHLEIGH CLOSE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 8 Aug 2012. Using an estimated price of £326,314 means this house is valued at £3,049 per sq meter (£283 per sq foot).
The average size of a house on AXWELL PARK SCHOOL HOUSES is 111 sq meters (1,196 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Possession of weapons | Under investigation | On or near Ashleigh Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near East Acres |
Jun 2024 | Public order | Under investigation | On or near East Acres |
May 2024 | Violence and sexual offences | Offender given a caution | On or near East Acres |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Acres |