£376,783
This estimated value is based upon the latest sale price for the house of £305,000 on 11 Jan 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 |
|---|---|
| £305,000 | 11 Jan 2019 |
| £92,600 | 17 Feb 2017 |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £305,000 results in an estimated price of approximately £376,783.
| 11 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £305,000 | £71,783 | £376,783 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 13.910 % | £42,425 | £347,425 |
| 3 Month Average | 7.582 % | £23,125 | £328,125 |
| 6 Month Average | 13.020 % | £39,710 | £344,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £152,254 | £150,000 | 3 VICTORIA TERRACE |
| 23 Jun 2023 | £156,901 | £155,000 | 51 HIGHWORTH DRIVE |
| 25 Nov 2022 | £135,360 | £137,000 | 41 HIGHWORTH DRIVE |
| 20 May 2022 | £151,250 | £148,400 | 5 VICTORIA TERRACE |
| 14 Apr 2022 | £151,380 | £147,000 | 3 ALEXANDRA TERRACE |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 21 Mar 2018. Using an estimated price of £376,783 means this house is valued at £2,478 per sq meter (£230 per sq foot).
The average size of a house on ALDSWORTH CLOSE is 89 sq meters (966 sq feet).
This house is the largest in the street with a floor area of 152 sq meters (1,636 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Highworth Drive | |
| Feb 2024 | Anti-social behaviour | On or near Highworth Drive | |
| Feb 2024 | Anti-social behaviour | On or near Highworth Drive | |
| Apr 2024 | Anti-social behaviour | On or near Uplands Way | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Peareth Hall Road |