£156,651
This estimated value is based upon the latest sale price for the house of £82,500 on 22 Oct 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£82,500 | 22 Oct 2004 |
£59,000 | 21 Mar 2003 |
£34,000 | 14 Jan 2000 |
£31,000 | 23 Apr 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 788 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 October 2004 the House Price Index for TYNE AND WEAR was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £82,500 results in an estimated price of approximately £156,651.
22 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 148.6 | 89.881 % | £82,500 | £74,151 | £156,651 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 26.198 % | £21,613 | £104,113 |
3 Month Average | 40.972 % | £33,801 | £116,301 |
6 Month Average | 52.410 % | £43,238 | £125,738 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £86,277 | £85,000 | 28 ASHLEY ROAD |
28 Sep 2023 | £101,295 | £100,000 | 64 ASHLEY ROAD |
31 Aug 2023 | £107,944 | £107,000 | 92 ASHLEY ROAD |
17 Jul 2023 | £182,405 | £179,950 | 11 ASHLEY ROAD |
13 Jul 2023 | £59,298 | £58,500 | 47 CRANFORD STREET |
This house has a floor area of 73 sq meters or 788 sq feet when measured on 28 Jan 2012. Using an estimated price of £156,652 means this house is valued at £2,137 per sq meter (£198 per sq foot).
The average size of a house on ASHLEY ROAD is 88 sq meters (947 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Cranford Street | |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Cranford Street |
Feb 2024 | Anti-social behaviour | On or near Cranford Street | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cranford Street |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Talbot Road |