£545,877
This estimated value is based upon the latest sale price for the house of £540,000 on 11 Apr 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£540,000 | 11 Apr 2023 |
£442,000 | 12 Oct 2015 |
Detached |
Freehold |
Floor Area: 213 sq meters or 2,292 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 April 2023 the House Price Index for TYNE AND WEAR was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £540,000 results in an estimated price of approximately £545,877.
11 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 148.6 | 1.088 % | £540,000 | £5,877 | £545,877 |
The Postcode Pricing Model uses changes in average sales price within the NE13 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 | -9.137 % | £-49,338 | £490,661 |
3 Month Average | 3.282 % | £17,722 | £557,722 |
6 Month Average | 6.832 % | £36,890 | £576,890 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £240,918 | £238,000 | 4 WILLOWBAY DRIVE |
11 Apr 2023 | £545,878 | £540,000 | 9 ASHWOOD CLOSE |
14 Jun 2022 | £436,164 | £430,000 | 15 BIRCHWOOD CHASE |
6 Apr 2022 | £787,796 | £765,000 | 28 HAZELWOOD ROAD |
24 Feb 2022 | £817,982 | £780,000 | 16 HAZELWOOD ROAD |
This house has a floor area of 213 sq meters or 2,292 sq feet when measured on 19 Jan 2016. Using an estimated price of £545,878 means this house is valued at £2,562 per sq meter (£238 per sq foot).
The average size of a house on ASHWOOD CLOSE is 183 sq meters (1,974 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Sir Bobby Robson Way | |
Feb 2024 | Anti-social behaviour | On or near Sir Bobby Robson Way | |
Feb 2024 | Anti-social behaviour | On or near Sir Bobby Robson Way | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sir Bobby Robson Way |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sir Bobby Robson Way |