£247,065
This estimated value is based upon the latest sale price for the house of £144,000 on 28 Aug 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £144,000 | 28 Aug 2012 |
| Semi-Detached |
| Freehold |
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 August 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £144,000 results in an estimated price of approximately £247,065.
| 28 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £144,000 | £103,065 | £247,065 |
The Postcode Pricing Model uses changes in average sales price within the NE16 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 | 133.806 % | £192,680 | £336,680 |
| 3 Month Average | 42.138 % | £60,678 | £204,678 |
| 6 Month Average | 35.246 % | £50,754 | £194,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £380,000 | £380,000 | 15 ASHFIELD AVENUE |
| 19 Apr 2024 | £288,505 | £286,000 | 19 CHURCH RISE |
| 23 Oct 2023 | £480,923 | £470,000 | 11 ASHFIELD AVENUE |
| 30 Aug 2023 | £448,082 | £440,000 | 26 ASHFIELD PARK |
| 10 Aug 2023 | £237,280 | £233,000 | 3 CHURCH RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Coalway Drive |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coalway Lane |
| Aug 2024 | Drugs | Offender given a caution | On or near Coalway Lane |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coalway Lane |
| Sep 2024 | Anti-social behaviour | On or near The Oaks |