£110,525
This estimated value is based upon the latest sale price for the house of £89,950 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Ashfield Mews
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| Price Paid | Date |
|---|---|
| £89,950 | 31 Jan 2020 |
| £94,000 | 14 Feb 2018 |
| £134,995 | 21 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 January 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £89,950 results in an estimated price of approximately £110,525.
| 31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £89,950 | £20,575 | £110,525 |
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 | 27.582 % | £24,810 | £114,760 |
| 3 Month Average | 14.738 % | £13,256 | £103,206 |
| 6 Month Average | 3.538 % | £3,182 | £93,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £93,436 | £92,000 | 38 ASHFIELD MEWS |
| 8 Dec 2023 | £91,821 | £89,000 | 39 ASHFIELD MEWS |
| 27 Sep 2023 | £81,803 | £80,000 | 14 ASHFIELD MEWS |
| 11 Sep 2023 | £168,719 | £165,000 | 57 PROSPECT AVENUE |
| 4 Jul 2022 | £186,872 | £185,000 | 57 THE CRESCENT |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 14 Nov 2017. Using an estimated price of £110,525 means this house is valued at £1,782 per sq meter (£165 per sq foot).
The average size of a house on ASHFIELD MEWS is 65 sq meters (706 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Ashfield Mews |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Ashfield Mews |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Ashfield Mews |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Ashfield Mews |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Ashfield Mews |