£221,987
This estimated value is based upon the latest sale price for the house of £182,000 on 30 Jan 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 |
---|---|
£182,000 | 30 Jan 2020 |
£119,950 | 18 Jun 2004 |
£119,950 | 18 Jun 2004 |
£44,000 | 19 Jul 1996 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 January 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £182,000 results in an estimated price of approximately £221,987.
30 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £182,000 | £39,987 | £221,987 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | 88.062 % | £160,272 | £342,272 |
3 Month Average | 36.986 % | £67,314 | £249,314 |
6 Month Average | 21.586 % | £39,286 | £221,286 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jan 2023 | £169,203 | £170,000 | 87 ALDEBURGH AVENUE |
27 May 2022 | £82,556 | £81,000 | 24 COMBE DRIVE |
6 May 2022 | £163,073 | £160,000 | 12 ALDEBURGH AVENUE |
25 Feb 2022 | £283,148 | £270,000 | 47 ALDEBURGH AVENUE |
13 Dec 2021 | £139,279 | £130,000 | 53 ALDEBURGH AVENUE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 2 Oct 2019. Using an estimated price of £221,988 means this house is valued at £2,288 per sq meter (£212 per sq foot).
The average size of a house on SOUTH FORK is 71 sq meters (773 sq feet).
This house is the largest in the street with a floor area of 97 sq meters (1,044 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pangbourne Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pangbourne Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Camelford Court |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Camelford Court |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Camelford Court |