£168,030
This estimated value is based upon the latest sale price for the house of £165,000 on 11 Aug 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 |
|---|---|
| £165,000 | 11 Aug 2023 |
| £119,950 | 31 Jan 2014 |
| £105,000 | 2 Feb 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 August 2023 the House Price Index for TYNE AND WEAR was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £165,000 results in an estimated price of approximately £168,030.
| 11 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £165,000 | £3,030 | £168,030 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 8.369 % | £13,809 | £178,809 |
| 3 Month Average | 35.672 % | £58,859 | £223,859 |
| 6 Month Average | 12.697 % | £20,949 | £185,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £152,692 | £148,000 | 1 ASHBOURNE AVENUE |
| 11 Aug 2023 | £168,031 | £165,000 | 14 ASHBOURNE AVENUE |
| 14 Apr 2023 | £73,882 | £72,500 | 641 WELBECK ROAD |
| 6 Feb 2023 | £248,158 | £246,500 | 56 WESTBOURNE AVENUE |
| 5 Aug 2022 | £86,404 | £86,000 | 21 WESTBOURNE AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 4 Oct 2013. Using an estimated price of £168,031 means this house is valued at £2,545 per sq meter (£236 per sq foot).
The average size of a house on ASHBOURNE AVENUE is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Jackson Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Jackson Street |
| Aug 2024 | Vehicle crime | Under investigation | On or near Jackson Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Ashbourne Avenue |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elgin Gardens |