£72,978
This estimated value is based upon the latest sale price for the house of £42,500 on 16 Feb 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £42,500 | 16 Feb 2011 |
| £70,000 | 20 Dec 2006 |
| £52,500 | 10 Sep 2004 |
| £13,000 | 9 Apr 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 February 2011 the House Price Index for TYNE AND WEAR was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £42,500 results in an estimated price of approximately £72,978.
| 16 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £42,500 | £30,478 | £72,978 |
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 | 11.593 % | £4,926 | £47,426 |
| 3 Month Average | 14.940 % | £6,349 | £48,849 |
| 6 Month Average | 24.433 % | £10,384 | £52,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £96,428 | £95,000 | 30 AYCLIFFE CRESCENT |
| 10 Mar 2023 | £87,323 | £86,500 | 19 BRANDON GARDENS |
| 3 Feb 2022 | £167,791 | £160,000 | 50 CEDARWAY |
| 3 Feb 2022 | £120,600 | £115,000 | 27 BRANDON GARDENS |
| 24 Jan 2022 | £501,999 | £477,000 | 13 WHITE HOUSE WAY |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 18 May 2018. Using an estimated price of £72,979 means this house is valued at £1,216 per sq meter (£112 per sq foot).
The average size of a house on AYCLIFFE CRESCENT is 84 sq meters (911 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Blackhill Crescent |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blackhill Crescent |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blackhill Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Blackhill Crescent |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Blackhill Crescent |