£178,923
This estimated value is based upon the latest sale price for the house of £106,000 on 18 Feb 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £106,000 | 18 Feb 2013 |
| £90,000 | 28 Oct 2011 |
| £130,000 | 1 Jul 2011 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 February 2013 the House Price Index for TYNE AND WEAR was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £106,000 results in an estimated price of approximately £178,923.
| 18 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £106,000 | £72,923 | £178,923 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 34.923 % | £37,018 | £143,018 |
| 3 Month Average | 19.491 % | £20,660 | £126,660 |
| 6 Month Average | 30.653 % | £32,492 | £138,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £167,480 | £165,000 | 28 ACOMB GARDENS |
| 28 Sep 2023 | £187,396 | £185,000 | 7 BEAUFRONT GARDENS |
| 13 Sep 2023 | £70,907 | £70,000 | 203 STAMFORDHAM ROAD |
| 18 Aug 2023 | £178,562 | £177,000 | 7 HOUNDELEE PLACE |
| 7 Jul 2023 | £157,115 | £155,000 | 18 ACOMB GARDENS |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 10 Jun 2014. Using an estimated price of £178,923 means this house is valued at £1,431 per sq meter (£132 per sq foot).
The average size of a house on ACOMB GARDENS is 95 sq meters (1,028 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Acomb Gardens |
| Mar 2024 | Anti-social behaviour | On or near Blakemoor Place | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blakemoor Place |