£328,845
This estimated value is based upon the latest sale price for the house of £187,000 on 10 Nov 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £187,000 | 10 Nov 2009 |
| £125,500 | 19 Aug 2002 |
| £57,000 | 15 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 2009 the House Price Index for TYNE AND WEAR was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £187,000 results in an estimated price of approximately £328,845.
| 10 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.853 % | £187,000 | £141,845 | £328,845 |
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 | 60.177 % | £112,530 | £299,530 |
| 3 Month Average | 36.342 % | £67,959 | £254,959 |
| 6 Month Average | 21.693 % | £40,565 | £227,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £296,527 | £289,000 | 20 SIMONBURN AVENUE |
| 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 | £354,871 | £352,500 | 43 CHERRYBURN GARDENS |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 23 Jun 2021. Using an estimated price of £328,845 means this house is valued at £2,673 per sq meter (£248 per sq foot).
The average size of a house on AUBURN GARDENS is 142 sq meters (1,530 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 | Bicycle theft | Investigation complete; no suspect identified | On or near Simonburn Avenue |
| Jul 2024 | Burglary | Under investigation | On or near Simonburn Avenue |
| May 2024 | Anti-social behaviour | On or near Simonburn Avenue |