£372,256
This estimated value is based upon the latest sale price for the house of £315,000 on 23 Oct 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 |
|---|---|
| £315,000 | 23 Oct 2020 |
| £183,000 | 2 Aug 2013 |
| £60,000 | 22 Jan 1999 |
| £65,000 | 23 Jan 1998 |
| Terraced |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £315,000 results in an estimated price of approximately £372,256.
| 23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £315,000 | £57,256 | £372,256 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | -31.054 % | £-97,821 | £217,178 |
| 3 Month Average | 23.001 % | £72,453 | £387,453 |
| 6 Month Average | 24.595 % | £77,474 | £392,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £85,745 | £85,000 | 10 PARK VIEW COURT |
| 6 Mar 2024 | £380,851 | £375,000 | 37 BIDEFORD GARDENS |
| 20 Oct 2023 | £112,556 | £110,000 | 7 PARK VIEW COURT |
| 13 Mar 2023 | £254,195 | £249,950 | 50B MARINE AVENUE |
| 12 Aug 2022 | £728,406 | £725,000 | 54 MARINE AVENUE |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 25 Jun 2020. Using an estimated price of £372,257 means this house is valued at £2,678 per sq meter (£248 per sq foot).
The average size of a house on ILFRACOMBE GARDENS is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Ilfracombe Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Ilfracombe Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Ilfracombe Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Ilfracombe Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Marine Avenue |