£152,464
This estimated value is based upon the latest sale price for the house of £125,000 on 31 Jan 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 |
---|---|
£125,000 | 31 Jan 2020 |
£125,000 | 13 Jan 2020 |
£126,000 | 19 Nov 2010 |
£126,000 | 19 Nov 2010 |
£109,000 | 23 Mar 2005 |
£46,450 | 5 Jun 1997 |
Semi-Detached |
Leasehold |
Floor Area: 59 sq meters or 635 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 January 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £125,000 results in an estimated price of approximately £152,464.
31 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £125,000 | £27,464 | £152,464 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | 28.339 % | £35,423 | £160,423 |
3 Month Average | 29.827 % | £37,283 | £162,283 |
6 Month Average | 22.928 % | £28,660 | £153,660 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jan 2023 | £169,203 | £170,000 | 87 ALDEBURGH AVENUE |
23 Sep 2022 | £173,598 | £175,000 | 25 PANGBOURNE CLOSE |
6 May 2022 | £163,073 | £160,000 | 12 ALDEBURGH AVENUE |
25 Feb 2022 | £283,148 | £270,000 | 47 ALDEBURGH AVENUE |
11 Feb 2022 | £78,652 | £75,000 | 2 APPLE CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 19 Jan 2019. Using an estimated price of £152,464 means this house is valued at £2,584 per sq meter (£240 per sq foot).
The average size of a house on ALDEBURGH AVENUE is 55 sq meters (594 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Apple Close | |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pangbourne Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pangbourne Close |
Apr 2024 | Burglary | Under investigation | On or near Brancepeth Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bridgewater Close |