£104,247
This estimated value is based upon the latest sale price for the house of £85,000 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£85,000 | 22 Nov 2019 |
£35,500 | 24 Feb 1995 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 November 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £85,000 results in an estimated price of approximately £104,247.
22 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £85,000 | £19,247 | £104,247 |
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 | 1.361 % | £1,157 | £86,157 |
3 Month Average | 9.542 % | £8,110 | £93,110 |
6 Month Average | 19.793 % | £16,823 | £101,823 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £125,606 | £124,000 | 3 ST MICHAELS CLOSE |
24 Feb 2023 | £149,899 | £150,000 | 101 BENTINCK ROAD |
23 Nov 2022 | £174,388 | £176,500 | 14 BENTINCK CRESCENT |
30 Sep 2022 | £143,838 | £145,000 | 9 JAMES STREET |
22 Jul 2022 | £67,181 | £67,000 | 33 MARIE CURIE DRIVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 7 Nov 2013. Using an estimated price of £104,248 means this house is valued at £1,533 per sq meter (£142 per sq foot).
The average size of a house on ASHTREE CLOSE is 62 sq meters (672 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Ashtree Close |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashtree Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Marie Curie Drive |
Mar 2024 | Anti-social behaviour | On or near Marie Curie Drive | |
Mar 2024 | Other crime | Under investigation | On or near Marie Curie Drive |