£120,048
This estimated value is based upon the latest sale price for the house of £70,000 on 29 Nov 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Ainslie Place
More crime details
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| Price Paid | Date |
|---|---|
| £70,000 | 29 Nov 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2010 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.497%.Applying this 71.497% change to the original purchase price of £70,000 results in an estimated price of approximately £120,048.
| 29 Nov 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.497 % | £70,000 | £50,048 | £120,048 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 18.143 % | £12,700 | £82,700 |
| 3 Month Average | 14.641 % | £10,248 | £80,248 |
| 6 Month Average | 24.777 % | £17,343 | £87,343 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £152,254 | £150,000 | 48 BINSWOOD AVENUE |
| 8 Sep 2023 | £155,995 | £154,000 | 39 SOUTHMEAD AVENUE |
| 25 Aug 2023 | £139,344 | £138,125 | 41 ROSEHILL WAY |
| 24 Aug 2023 | £116,015 | £115,000 | 30 SOUTHMEAD AVENUE |
| 9 Mar 2023 | £141,332 | £140,000 | 26 BINSWOOD AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 21 Aug 2015. Using an estimated price of £120,048 means this house is valued at £1,333 per sq meter (£123 per sq foot).
There is one other house on the street which we know the size of, this is 11 AINSLIE PLACE it is 82.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ainslie Place |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ainslie Place |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Ainslie Place |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ainslie Place |
| Dec 2023 | Burglary | Under investigation | On or near Ainslie Place |