£137,507
This estimated value is based upon the latest sale price for the house of £87,000 on 6 Aug 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £87,000 | 6 Aug 2007 |
| £71,000 | 3 Apr 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 August 2007 the House Price Index for TYNE AND WEAR was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £87,000 results in an estimated price of approximately £137,507.
| 6 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £87,000 | £50,507 | £137,507 |
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 | 52.137 % | £45,358 | £132,358 |
| 3 Month Average | 24.113 % | £20,978 | £107,978 |
| 6 Month Average | 12.149 % | £10,569 | £97,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £73,673 | £72,000 | 131 HOLLY AVENUE |
| 26 Sep 2023 | £82,826 | £81,000 | 40 COACH ROAD |
| 7 Sep 2023 | £54,450 | £53,250 | 137 HOLLY AVENUE |
| 18 Jan 2023 | £86,230 | £86,000 | 49 COACH ROAD |
| 5 Aug 2022 | £51,240 | £51,000 | 242 - 244 HIGH STREET EAST |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 8 Nov 2012. Using an estimated price of £137,507 means this house is valued at £1,992 per sq meter (£185 per sq foot).
The average size of a house on HIGH STREET EAST is 67 sq meters (728 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Ash Grove | |
| Jun 2024 | Anti-social behaviour | On or near Ash Grove | |
| May 2024 | Other theft | Under investigation | On or near Ash Grove |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ash Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ash Grove |