£377,970
This estimated value is based upon the latest sale price for the house of £295,000 on 7 Jun 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£295,000 | 7 Jun 2017 |
Detached |
Freehold |
Floor Area: 137 sq meters or 1,474 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 June 2017 the House Price Index for TYNE AND WEAR was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £295,000 results in an estimated price of approximately £377,970.
7 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £295,000 | £82,970 | £377,970 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -51.224 % | £-151,110 | £143,889 |
3 Month Average | 0.488 % | £1,438 | £296,438 |
6 Month Average | 10.009 % | £29,527 | £324,527 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £396,945 | £390,000 | 16 BERKLEY AVENUE |
28 Nov 2023 | £324,809 | £320,000 | 44 SHIBDON ROAD |
18 Nov 2022 | £424,854 | £430,000 | 4 WOODLANDS PARK DRIVE |
25 Aug 2022 | £269,275 | £270,000 | 5 WESTERN WAY |
28 Jul 2022 | £382,028 | £381,000 | 4 ASHLEIGH CLOSE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 23 Jun 2010. Using an estimated price of £377,970 means this house is valued at £2,758 per sq meter (£256 per sq foot).
The average size of a house on ASHLEIGH CLOSE is 273 sq meters (2,940 sq feet).
This house is the smallest in the street with a floor area of 137 sq meters (1,474 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Possession of weapons | Under investigation | On or near Ashleigh Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Clavering Way |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Clavering Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Western Way |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Western Way |