£321,834
This estimated value is based upon the latest sale price for the house of £127,000 on 15 Nov 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £127,000 | 15 Nov 2002 |
| £37,000 | 25 Apr 1997 |
| £3,500 | 13 Dec 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2002 the House Price Index for TYNE AND WEAR was 57.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 153.413%.Applying this 153.413% change to the original purchase price of £127,000 results in an estimated price of approximately £321,834.
| 15 Nov 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 146.7 | 153.413 % | £127,000 | £194,834 | £321,834 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 140.670 % | £178,650 | £305,650 |
| 3 Month Average | 85.946 % | £109,150 | £236,150 |
| 6 Month Average | 126.450 % | £160,591 | £287,591 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 5 Nov 2013.
The average size of a house on ASHWOOD CRESCENT is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rosewood Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ivy Road |
| Mar 2024 | Burglary | Under investigation | On or near Ivy Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ivy Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Ivy Road |