£365,975
This estimated value is based upon the latest sale price for the house of £235,515 on 14 Mar 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £235,515 | 14 Mar 2014 |
| £170,000 | 12 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 221 sq meters or 2,378 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 March 2014 the House Price Index for TYNE AND WEAR was 94.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.394%.Applying this 55.394% change to the original purchase price of £235,515 results in an estimated price of approximately £365,975.
| 14 Mar 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 146.7 | 55.394 % | £235,515 | £130,460 | £365,975 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | 11.620 % | £27,366 | £262,881 |
| 3 Month Average | 1.501 % | £3,535 | £239,050 |
| 6 Month Average | 1.468 % | £3,456 | £238,971 |
This house has a floor area of 221 sq meters or 2,378 sq feet when measured on 16 Jul 2013.
The average size of a house on ASHWOOD TERRACE is 189 sq meters (2,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ashwood Terrace |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Ashwood Terrace |
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Ashwood Terrace |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beechwood Terrace |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beechwood Terrace |