£498,244
This estimated value is based upon the latest sale price for the house of £360,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £360,000 | 18 Dec 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 December 2015 the House Price Index for TYNE AND WEAR was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £360,000 results in an estimated price of approximately £498,244.
| 18 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £360,000 | £138,244 | £498,244 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 45.424 % | £163,527 | £523,527 |
| 3 Month Average | 0.546 % | £1,966 | £361,966 |
| 6 Month Average | -6.771 % | £-24,374 | £335,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £696,718 | £700,000 | 184 OSBORNE ROAD |
| 7 Jul 2022 | £404,088 | £403,000 | 46 KEYES GARDENS |
| 17 Dec 2021 | £305,342 | £285,000 | 147C OSBORNE ROAD |
| 26 Nov 2021 | £767,875 | £710,000 | THE LODGE NORTH JESMOND AVENUE |
| 19 Nov 2021 | £784,098 | £725,000 | 2 NORTH JESMOND AVENUE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 7 Dec 2015. Using an estimated price of £498,245 means this house is valued at £5,190 per sq meter (£482 per sq foot).
The average size of a house on LA SAGESSE is 155 sq meters (1,674 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jesmond Dene Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crossway |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Towers Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near North Jesmond Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near North Jesmond Avenue |