£152,532
This estimated value is based upon the latest sale price for the house of £140,000 on 3 Nov 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 |
|---|---|
| £140,000 | 3 Nov 2021 |
| £90,000 | 8 Jul 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £140,000 results in an estimated price of approximately £152,532.
| 3 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £140,000 | £12,532 | £152,532 |
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 | -15.695 % | £-21,972 | £118,027 |
| 3 Month Average | 12.773 % | £17,882 | £157,882 |
| 6 Month Average | -7.794 % | £-10,911 | £129,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £50,000 | £50,000 | 85 ABERCORN ROAD |
| 23 Apr 2024 | £116,007 | £115,000 | 25 ABOYNE SQUARE |
| 8 Dec 2023 | £159,914 | £155,000 | 60 ABERCORN ROAD |
| 31 Oct 2023 | £133,021 | £130,000 | 116 ABERCORN ROAD |
| 21 Apr 2023 | £93,295 | £91,550 | 44 ABOYNE SQUARE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 19 Jun 2020. Using an estimated price of £152,533 means this house is valued at £1,930 per sq meter (£179 per sq foot).
The average size of a house on ABOYNE SQUARE is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Aboyne Square |
| May 2024 | Anti-social behaviour | On or near Aboyne Square | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Aboyne Square |
| May 2024 | Anti-social behaviour | On or near Aboyne Square | |
| May 2024 | Anti-social behaviour | On or near Aboyne Square |