£51,794
This estimated value is based upon the latest sale price for the house of £47,000 on 1 Oct 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£47,000 | 1 Oct 2021 |
£52,000 | 2 Apr 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 2021 the House Price Index for TYNE AND WEAR was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £47,000 results in an estimated price of approximately £51,794.
1 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.0 | 10.201 % | £47,000 | £4,794 | £51,794 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 32.565 % | £15,305 | £62,305 |
3 Month Average | 19.831 % | £9,320 | £56,320 |
6 Month Average | 5.334 % | £2,507 | £49,507 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £278,441 | £277,500 | 18 CORBIERE CLOSE |
31 Aug 2023 | £277,689 | £276,000 | 23 NOIRMONT WAY |
25 Aug 2023 | £276,683 | £275,000 | 23 CORBIERE CLOSE |
19 Apr 2023 | £7,959 | £7,900 | 10 NOIRMONT WAY |
20 Feb 2023 | £34,835 | £35,000 | 3 WILLIAM DOXFORD CENTRE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 20 Mar 2020. Using an estimated price of £51,794 means this house is valued at £1,150 per sq meter (£106 per sq foot).
The average size of a house on ASPEN COURT is 60 sq meters (655 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (484 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Birch Court |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Birch Court |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Birch Court |
Apr 2024 | Shoplifting | Under investigation | On or near Birch Court |
Apr 2024 | Anti-social behaviour | On or near Birch Court |