£55,744
This estimated value is based upon the latest sale price for the house of £36,000 on 20 Jun 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£36,000 | 20 Jun 2014 |
£36,000 | 5 Aug 2010 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 June 2014 the House Price Index for TYNE AND WEAR was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £36,000 results in an estimated price of approximately £55,744.
20 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £36,000 | £19,744 | £55,744 |
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 | 4.049 % | £1,457 | £37,457 |
3 Month Average | 5.318 % | £1,914 | £37,914 |
6 Month Average | 10.665 % | £3,839 | £39,839 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £145,000 | £145,000 | 13 WALDRIDGE GARDENS |
15 Mar 2024 | £86,326 | £85,000 | 97 SPRINGWELL ROAD |
9 Nov 2023 | £97,474 | £95,000 | 30 AYCLIFFE CRESCENT |
13 Oct 2023 | £114,603 | £112,000 | 116 LANCHESTER AVENUE |
30 Aug 2023 | £62,120 | £61,000 | 110 SPRINGWELL ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 26 Aug 2014. Using an estimated price of £55,744 means this house is valued at £884 per sq meter (£82 per sq foot).
The average size of a house on AYCLIFFE CRESCENT is 84 sq meters (911 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Ryhope Gardens | |
Jun 2024 | Anti-social behaviour | On or near Ryhope Gardens | |
Jun 2024 | Anti-social behaviour | On or near Ryhope Gardens | |
May 2024 | Violence and sexual offences | Under investigation | On or near Ryhope Gardens |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ryhope Gardens |