£274,101
This estimated value is based upon the latest sale price for the house of £215,000 on 28 Jul 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 |
|---|---|
| £215,000 | 28 Jul 2017 |
| £73,150 | 29 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 July 2017 the House Price Index for TYNE AND WEAR was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £215,000 results in an estimated price of approximately £274,101.
| 28 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £215,000 | £59,101 | £274,101 |
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 | 9.226 % | £19,836 | £234,836 |
| 3 Month Average | 20.763 % | £44,640 | £259,640 |
| 6 Month Average | 16.996 % | £36,541 | £251,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £293,343 | £289,000 | 20 SIMONBURN AVENUE |
| 30 Jun 2023 | £359,353 | £355,000 | 38 CHERRYBURN GARDENS |
| 28 Apr 2023 | £232,503 | £230,000 | 3 CHERRYBURN GARDENS |
| 10 Feb 2023 | £352,263 | £352,500 | 43 CHERRYBURN GARDENS |
| 10 Feb 2023 | £324,781 | £325,000 | 16 CHERRYBURN GARDENS |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 30 Jul 2013. Using an estimated price of £274,101 means this house is valued at £1,943 per sq meter (£180 per sq foot).
The average size of a house on AUBURN GARDENS is 142 sq meters (1,530 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Ravenside Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ravenside Road |
| Dec 2023 | Anti-social behaviour | On or near Ravenside Road | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Ravenside Road |
| Dec 2023 | Anti-social behaviour | On or near Ravenside Road |