£209,297
This estimated value is based upon the latest sale price for the house of £183,100 on 8 Dec 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £183,100 | 8 Dec 2020 |
| £110,000 | 28 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 December 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £183,100 results in an estimated price of approximately £209,297.
| 8 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £183,100 | £26,197 | £209,297 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -43.976 % | £-80,520 | £102,579 |
| 3 Month Average | -16.774 % | £-30,712 | £152,387 |
| 6 Month Average | 1.547 % | £2,832 | £185,932 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £161,528 | £160,000 | 2 WOODBROOK AVENUE |
| 14 Jul 2023 | £138,308 | £137,000 | 1 KENLEY ROAD |
| 30 Jun 2023 | £139,128 | £138,000 | 43 WOODBROOK AVENUE |
| 10 Mar 2023 | £182,989 | £182,000 | 11 ASHLEIGH ROAD |
| 3 Mar 2023 | £168,913 | £168,000 | 6 PAULINE GARDENS |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 14 Jul 2020. Using an estimated price of £209,298 means this house is valued at £2,325 per sq meter (£216 per sq foot).
The average size of a house on ASHLEIGH ROAD is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Ashleigh Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ashleigh Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashleigh Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashleigh Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashleigh Road |