£207,932
This estimated value is based upon the latest sale price for the house of £167,500 on 19 Nov 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £167,500 | 19 Nov 2018 |
| £157,000 | 23 Aug 2016 |
| Semi-Detached |
| Leasehold |
| Floor Area: 78 sq meters or 846 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 November 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £167,500 results in an estimated price of approximately £207,932.
| 19 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £167,500 | £40,432 | £207,932 |
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 | 52.995 % | £88,766 | £256,266 |
| 3 Month Average | 26.951 % | £45,143 | £212,643 |
| 6 Month Average | 19.161 % | £32,095 | £199,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £232,500 | £232,500 | 20 ARDEN CLOSE |
| 24 Apr 2023 | £146,745 | £144,000 | 123 ADDINGTON 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 78 sq meters or 846 sq feet when measured on 2 Jun 2010. Using an estimated price of £207,932 means this house is valued at £2,643 per sq meter (£245 per sq foot).
The average size of a house on ACOMB AVENUE is 97 sq meters (1,052 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 | Public order | Investigation complete; no suspect identified | On or near Agricola Gardens |
| May 2024 | Violence and sexual offences | Under investigation | On or near Agricola Gardens |
| Jun 2024 | Other theft | Under investigation | On or near Lancaster Drive |