£239,126
This estimated value is based upon the latest sale price for the house of £106,000 on 17 Oct 2003. 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 | 17 Oct 2003 |
| £85,750 | 13 Sep 2002 |
| £65,000 | 23 Nov 2001 |
| Terraced |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 October 2003 the House Price Index for TYNE AND WEAR was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £106,000 results in an estimated price of approximately £239,126.
| 17 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 149.7 | 125.591 % | £106,000 | £133,126 | £239,126 |
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 | 84.203 % | £89,254 | £195,254 |
| 3 Month Average | 87.935 % | £93,210 | £199,210 |
| 6 Month Average | 97.370 % | £103,212 | £209,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £155,000 | £155,000 | 2 AUDLAND WALK |
| 11 Sep 2023 | £138,043 | £135,000 | 10 AUSTWICK WALK |
| 8 Sep 2023 | £106,856 | £104,500 | 21 CHAPEL HOUSE DRIVE |
| 23 Jun 2023 | £236,744 | £232,000 | 31 AISGILL DRIVE |
| 12 Jan 2023 | £200,536 | £200,000 | 1 AINSDALE GARDENS |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 8 May 2014. Using an estimated price of £239,127 means this house is valued at £3,465 per sq meter (£321 per sq foot).
The average size of a house on AUDLAND WALK is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Chapel House Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Aisgill Drive |
| Oct 2024 | Public order | Under investigation | On or near Arkleside Place |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Arkleside Place |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Arncliffe Gardens |