£229,068
This estimated value is based upon the latest sale price for the house of £140,000 on 18 Oct 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £140,000 | 18 Oct 2013 |
| Terraced |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 2013 the House Price Index for TYNE AND WEAR was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £140,000 results in an estimated price of approximately £229,068.
| 18 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £140,000 | £89,068 | £229,068 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 40.677 % | £56,948 | £196,948 |
| 3 Month Average | 15.890 % | £22,246 | £162,246 |
| 6 Month Average | 27.599 % | £38,638 | £178,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £162,022 | £159,950 | 42 CLIFTONVILLE AVENUE |
| 14 Jun 2023 | £106,287 | £105,000 | 23 CLOVELLY AVENUE |
| 11 Nov 2022 | £158,085 | £160,000 | 2 PAIGNTON AVENUE |
| 27 Jul 2022 | £210,567 | £210,000 | 21 CLIFTONVILLE AVENUE |
| 16 May 2022 | £193,649 | £190,000 | 27 ILFRACOMBE AVENUE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 3 Jun 2019. Using an estimated price of £229,069 means this house is valued at £1,803 per sq meter (£167 per sq foot).
The average size of a house on ILFRACOMBE AVENUE is 118 sq meters (1,277 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ilfracombe Avenue |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Ilfracombe Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ilfracombe Avenue |
| Jan 2024 | Other theft | Under investigation | On or near Ilfracombe Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ilfracombe Avenue |