£308,893
This estimated value is based upon the latest sale price for the house of £181,000 on 30 Jul 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £181,000 | 30 Jul 2010 |
| Detached |
| Leasehold |
| Floor Area: 121 sq meters or 1,310 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 2010 the House Price Index for TYNE AND WEAR was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £181,000 results in an estimated price of approximately £308,893.
| 30 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.659 % | £181,000 | £127,893 | £308,893 |
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 | 64.030 % | £115,893 | £296,893 |
| 3 Month Average | 40.227 % | £72,810 | £253,810 |
| 6 Month Average | 25.445 % | £46,054 | £227,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £232,500 | £232,500 | 20 ARDEN CLOSE |
| 18 Dec 2023 | £237,291 | £230,000 | 53 LANCASTER DRIVE |
| 6 Apr 2023 | £234,384 | £230,000 | 39 ACOMB AVENUE |
| 9 Nov 2022 | £266,753 | £268,000 | 3 ARDEN CLOSE |
| 30 Sep 2022 | £166,389 | £166,500 | 30 ACOMB AVENUE |
This house has a floor area of 121 sq meters or 1,310 sq feet when measured on 27 Apr 2010. Using an estimated price of £308,893 means this house is valued at £2,537 per sq meter (£235 per sq foot).
The average size of a house on AYSGARTH AVENUE is 124 sq meters (1,344 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Aysgarth Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Aysgarth Avenue |
| May 2024 | Anti-social behaviour | On or near Arden Close | |
| May 2024 | Anti-social behaviour | On or near Arden Close | |
| May 2024 | Anti-social behaviour | On or near Arden Close |