£340,628
This estimated value is based upon the latest sale price for the house of £295,000 on 27 Nov 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 |
|---|---|
| £295,000 | 27 Nov 2020 |
| £246,000 | 30 Jun 2015 |
| Terraced |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 November 2020 the House Price Index for TYNE AND WEAR was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £295,000 results in an estimated price of approximately £340,628.
| 27 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £295,000 | £45,628 | £340,628 |
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 | 79.463 % | £234,415 | £529,415 |
| 3 Month Average | -6.233 % | £-18,386 | £276,613 |
| 6 Month Average | 17.820 % | £52,567 | £347,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £357,902 | £355,000 | 38 CHERRYBURN GARDENS |
| 28 Apr 2023 | £231,722 | £230,000 | 3 CHERRYBURN GARDENS |
| 10 Feb 2023 | £323,470 | £325,000 | 16 CHERRYBURN GARDENS |
| 10 Feb 2023 | £350,841 | £352,500 | 43 CHERRYBURN GARDENS |
| 9 Sep 2022 | £379,386 | £384,000 | 273 WINGROVE ROAD NORTH |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 18 Jul 2014. Using an estimated price of £340,628 means this house is valued at £2,183 per sq meter (£202 per sq foot).
The average size of a house on AUBURN GARDENS is 142 sq meters (1,530 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Ravenside Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Auburn Gardens |
| Mar 2024 | Anti-social behaviour | On or near Auburn Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Auburn Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Auburn Gardens |