£133,021
This estimated value is based upon the latest sale price for the house of £130,000 on 31 Oct 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £130,000 | 31 Oct 2023 |
| £125,000 | 30 Jun 2023 |
| £89,000 | 21 Nov 2013 |
| £88,000 | 23 Aug 2013 |
| £76,000 | 18 Mar 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 October 2023 the House Price Index for TYNE AND WEAR was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £130,000 results in an estimated price of approximately £133,021.
| 31 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £130,000 | £3,021 | £133,021 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 127.616 % | £165,900 | £295,900 |
| 3 Month Average | -1.100 % | £-1,430 | £128,569 |
| 6 Month Average | -7.916 % | £-10,290 | £119,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £50,000 | £50,000 | 85 ABERCORN ROAD |
| 23 Apr 2024 | £116,007 | £115,000 | 25 ABOYNE SQUARE |
| 8 Dec 2023 | £159,914 | £155,000 | 60 ABERCORN ROAD |
| 31 Oct 2023 | £133,021 | £130,000 | 116 ABERCORN ROAD |
| 21 Apr 2023 | £93,295 | £91,550 | 44 ABOYNE SQUARE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 8 Sep 2015. Using an estimated price of £133,021 means this house is valued at £1,511 per sq meter (£140 per sq foot).
The average size of a house on ABERCORN ROAD is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Aboyne Square |
| May 2024 | Anti-social behaviour | On or near Aboyne Square | |
| May 2024 | Anti-social behaviour | On or near Aboyne Square | |
| May 2024 | Anti-social behaviour | On or near Aboyne Square | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Aboyne Square |