£77,207
This estimated value is based upon the latest sale price for the house of £62,000 on 29 May 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £62,000 | 29 May 2019 |
| £79,950 | 29 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 787 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 May 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £62,000 results in an estimated price of approximately £77,207.
| 29 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £62,000 | £15,207 | £77,207 |
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 | 48.931 % | £30,337 | £92,337 |
| 3 Month Average | 30.489 % | £18,903 | £80,903 |
| 6 Month Average | 15.295 % | £9,482 | £71,482 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £87,600 | £87,600 | 41 ABERCORN ROAD |
| 23 Apr 2024 | £116,007 | £115,000 | 25 ABOYNE SQUARE |
| 6 Dec 2023 | £113,487 | £110,000 | 44 ABERCORN ROAD |
| 26 Oct 2023 | £81,859 | £80,000 | 26 AINTREE ROAD |
| 23 Oct 2023 | £117,667 | £114,995 | 36 AGAR ROAD |
This house has a floor area of 73 sq meters or 787 sq feet when measured on 18 Feb 2011. Using an estimated price of £77,208 means this house is valued at £1,054 per sq meter (£97 per sq foot).
The average size of a house on ABERCORN ROAD is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Under investigation | On or near Aboyne Square |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Aboyne Square |
| Aug 2024 | Other theft | Under investigation | On or near Aboyne Square |
| Aug 2024 | Anti-social behaviour | On or near Agar Road | |
| Aug 2024 | Anti-social behaviour | On or near Agar Road |