£343,452
This estimated value is based upon the latest sale price for the house of £260,000 on 1 Dec 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £260,000 | 1 Dec 2016 |
| Terraced |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 December 2016 the House Price Index for TYNE AND WEAR was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £260,000 results in an estimated price of approximately £343,452.
| 1 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £260,000 | £83,452 | £343,452 |
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 | 30.485 % | £79,261 | £339,261 |
| 3 Month Average | 8.970 % | £23,322 | £283,322 |
| 6 Month Average | 7.991 % | £20,777 | £280,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £562,782 | £550,000 | 265 WINGROVE ROAD NORTH |
| 30 Jun 2023 | £362,260 | £355,000 | 38 CHERRYBURN GARDENS |
| 28 Apr 2023 | £234,384 | £230,000 | 3 CHERRYBURN GARDENS |
| 10 Feb 2023 | £327,186 | £325,000 | 16 CHERRYBURN GARDENS |
| 10 Feb 2023 | £354,871 | £352,500 | 43 CHERRYBURN GARDENS |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 21 Jun 2016. Using an estimated price of £343,453 means this house is valued at £2,120 per sq meter (£196 per sq foot).
The average size of a house on AUBURN GARDENS is 142 sq meters (1,530 sq feet).
This house is the largest in the street with a floor area of 162 sq meters (1,743 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Ravenside Road |
| Jun 2024 | Other theft | Under investigation | On or near Ravenside Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Auburn Gardens |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Auburn Gardens |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Auburn Gardens |