£210,776
This estimated value is based upon the latest sale price for the house of £175,000 on 23 Mar 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £175,000 | 23 Mar 2020 |
| £175,000 | 23 Mar 2020 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 March 2020 the House Price Index for TYNE AND WEAR was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £175,000 results in an estimated price of approximately £210,776.
| 23 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £175,000 | £35,776 | £210,776 |
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 | 14.218 % | £24,881 | £199,881 |
| 3 Month Average | 26.108 % | £45,689 | £220,689 |
| 6 Month Average | 9.448 % | £16,534 | £191,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2023 | £145,567 | £144,000 | 123 ADDINGTON DRIVE |
| 6 Apr 2023 | £232,503 | £230,000 | 39 ACOMB AVENUE |
| 30 Sep 2022 | £165,166 | £166,500 | 30 ACOMB AVENUE |
| 29 Jul 2022 | £2,507 | £2,500 | 6 ARDEN CLOSE |
| 25 Mar 2022 | £279,791 | £270,000 | 96 AGRICOLA GARDENS |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 23 Jan 2019. Using an estimated price of £210,776 means this house is valued at £2,887 per sq meter (£268 per sq foot).
The average size of a house on ACOMB AVENUE is 99 sq meters (1,074 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Aysgarth Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Agricola Gardens |
| Apr 2024 | Anti-social behaviour | On or near Lancaster Drive | |
| Apr 2024 | Anti-social behaviour | On or near Arden Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Arden Close |