£127,630
This estimated value is based upon the latest sale price for the house of £108,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£108,000 | 30 Oct 2020 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £108,000 results in an estimated price of approximately £127,630.
30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £108,000 | £19,630 | £127,630 |
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 | 11.727 % | £12,665 | £120,665 |
3 Month Average | 15.970 % | £17,247 | £125,247 |
6 Month Average | -1.628 % | £-1,758 | £106,241 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Oct 2023 | £189,299 | £185,000 | 15 ASHLEIGH CRESCENT |
28 Sep 2023 | £296,537 | £290,000 | 9 ASHLEIGH ROAD |
22 Sep 2023 | £145,201 | £142,000 | 6 SLATYFORD LANE |
8 Sep 2023 | £140,599 | £137,500 | 20 WOODBROOK AVENUE |
30 Jun 2023 | £140,822 | £138,000 | 43 WOODBROOK AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 6 Sep 2019. Using an estimated price of £127,631 means this house is valued at £1,724 per sq meter (£160 per sq foot).
The average size of a house on ASHLEIGH ROAD is 86 sq meters (926 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Under investigation | On or near Ashleigh Crescent |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Ashleigh Crescent |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Ashleigh Crescent |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Ashleigh Crescent |
Jul 2024 | Public order | Under investigation | On or near Ashleigh Road |