£1,447,901
This estimated value is based upon the latest sale price for the house of £1,140,000 on 31 Aug 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £1,140,000 | 31 Aug 2017 |
| £810,000 | 21 Feb 2012 |
| Detached |
| Freehold |
| Floor Area: 387 sq meters or 4,165 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 August 2017 the House Price Index for TYNE AND WEAR was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £1,140,000 results in an estimated price of approximately £1,447,901.
| 31 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £1,140,000 | £307,901 | £1,447,901 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 18.495 % | £210,837 | £1,350,837 |
| 3 Month Average | -1.844 % | £-21,021 | £1,118,978 |
| 6 Month Average | 12.209 % | £139,187 | £1,279,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £934,333 | £920,500 | 7 ADELINE GARDENS |
| 9 Mar 2023 | £666,277 | £660,000 | 12 ARLINGTON COURT KENTON AVENUE |
| 6 Mar 2023 | £1,211,413 | £1,200,000 | 59 KENTON ROAD |
| 22 Feb 2023 | £974,344 | £975,000 | 34 WILSON GARDENS |
| 8 Dec 2021 | £642,826 | £600,000 | 4 ARLINGTON COURT KENTON AVENUE |
This house has a floor area of 387 sq meters or 4,165 sq feet when measured on 19 May 2017. Using an estimated price of £1,447,901 means this house is valued at £3,741 per sq meter (£347 per sq foot).
The average size of a house on OSBALDESTON GARDENS is 231 sq meters (2,496 sq feet).
This house is the largest in the street with a floor area of 387 sq meters (4,165 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Osbaldeston Gardens |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Osbaldeston Gardens |
| Feb 2024 | Anti-social behaviour | On or near Wilson Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Wilson Gardens | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilson Gardens |