£137,243
This estimated value is based upon the latest sale price for the house of £80,000 on 20 Sep 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 20 Sep 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.554%.Applying this 71.554% change to the original purchase price of £80,000 results in an estimated price of approximately £137,243.
| 20 Sep 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.554 % | £80,000 | £57,243 | £137,243 |
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 | 20.341 % | £16,272 | £96,272 |
| 3 Month Average | 11.433 % | £9,146 | £89,146 |
| 6 Month Average | 16.260 % | £13,007 | £93,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £138,516 | £135,000 | 74 OAKWOOD |
| 13 Oct 2023 | £114,603 | £112,000 | 116 LANCHESTER AVENUE |
| 27 Jun 2023 | £45,002 | £44,100 | 37 AYCLIFFE AVENUE |
| 3 Feb 2022 | £169,033 | £160,000 | 50 CEDARWAY |
| 21 Jan 2022 | £164,331 | £155,000 | 18 CEDARWAY |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 26 Aug 2014. Using an estimated price of £137,243 means this house is valued at £1,595 per sq meter (£148 per sq foot).
The average size of a house on AYCLIFFE CRESCENT is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Aycliffe Crescent | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Aycliffe Crescent |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Aycliffe Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Aycliffe Crescent |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Blackhill Crescent |