£280,653
This estimated value is based upon the latest sale price for the house of £50,000 on 29 Feb 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £50,000 | 29 Feb 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 1996 the House Price Index for TYNE AND WEAR was 26.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 461.308%.Applying this 461.308% change to the original purchase price of £50,000 results in an estimated price of approximately £280,653.
| 29 Feb 1996 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.0 | 461.308 % | £50,000 | £230,653 | £280,653 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 706.768 % | £353,384 | £403,384 |
| 3 Month Average | 405.813 % | £202,906 | £252,906 |
| 6 Month Average | 475.409 % | £237,704 | £287,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £63,097 | £62,500 | 25C WINGROVE ROAD |
| 23 Jun 2023 | £161,308 | £160,000 | 15 KELDANE GARDENS |
| 12 Oct 2022 | £200,027 | £203,000 | 7 BEADLING GARDENS |
| 31 May 2022 | £172,565 | £170,000 | 5 AUDEN GROVE |
| 29 Apr 2022 | £235,897 | £230,000 | 18 MILVAIN AVENUE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 15 Aug 2016. Using an estimated price of £280,654 means this house is valued at £2,004 per sq meter (£186 per sq foot).
The average size of a house on AUDEN GROVE is 166 sq meters (1,790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Auden Grove | |
| Mar 2024 | Anti-social behaviour | On or near Auden Grove | |
| Mar 2024 | Anti-social behaviour | On or near Auden Grove | |
| Jan 2024 | Anti-social behaviour | On or near Auden Grove | |
| Jan 2024 | Anti-social behaviour | On or near Auden Grove |