£180,269
This estimated value is based upon the latest sale price for the house of £147,000 on 4 Oct 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £147,000 | 4 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 October 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £147,000 results in an estimated price of approximately £180,269.
| 4 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £147,000 | £33,269 | £180,269 |
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 | 4.138 % | £6,083 | £153,083 |
| 3 Month Average | -2.935 % | £-4,314 | £142,685 |
| 6 Month Average | 4.664 % | £6,855 | £153,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £234,096 | £230,000 | 53 LANCASTER 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 53 sq meters or 570 sq feet when measured on 23 Jan 2019. Using an estimated price of £180,269 means this house is valued at £3,401 per sq meter (£315 per sq foot).
The average size of a house on AGRICOLA GARDENS is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Aysgarth Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Agricola Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Carnforth Close |
| Feb 2024 | Anti-social behaviour | On or near Arden Close | |
| Feb 2024 | Anti-social behaviour | On or near Arden Close |