£286,416
This estimated value is based upon the latest sale price for the house of £230,000 on 10 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 |
|---|---|
| £230,000 | 10 May 2019 |
| £122,500 | 21 Nov 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,100 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 £230,000 results in an estimated price of approximately £286,416.
| 10 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £230,000 | £56,416 | £286,416 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -11.901 % | £-27,372 | £202,627 |
| 3 Month Average | -1.143 % | £-2,628 | £227,371 |
| 6 Month Average | 3.075 % | £7,071 | £237,071 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £253,896 | £249,995 | 7 COLERIDGE AVENUE |
| 16 Oct 2023 | £215,904 | £211,000 | 4 ALUMWELL ROAD |
| 21 Sep 2023 | £209,621 | £205,000 | 10 COLERIDGE AVENUE |
| 25 Aug 2023 | £286,161 | £281,000 | 8 ONSLOW GARDENS |
| 3 Feb 2023 | £328,192 | £326,000 | 1 ONSLOW GARDENS |
This house has a floor area of 102 sq meters or 1,100 sq feet when measured on 14 May 2009. Using an estimated price of £286,416 means this house is valued at £2,802 per sq meter (£260 per sq foot).
The average size of a house on ONSLOW GARDENS is 113 sq meters (1,222 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Studley Gardens |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Westmorland Gardens |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Westmorland Gardens |
| Aug 2024 | Anti-social behaviour | On or near Coleridge Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Coleridge Avenue |