£134,835
This estimated value is based upon the latest sale price for the house of £38,950 on 27 Apr 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£38,950 | 27 Apr 2001 |
£36,000 | 24 May 1996 |
Terraced |
Leasehold |
Floor Area: 121 sq meters or 1,302 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 2001 the House Price Index for TYNE AND WEAR was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £38,950 results in an estimated price of approximately £134,835.
27 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.9 | 148.6 | 246.176 % | £38,950 | £95,885 | £134,835 |
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 | 108.393 % | £42,219 | £81,169 |
3 Month Average | 165.204 % | £64,347 | £103,297 |
6 Month Average | 175.739 % | £68,450 | £107,400 |
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 121 sq meters or 1,302 sq feet when measured on 26 Mar 2014. Using an estimated price of £134,836 means this house is valued at £1,114 per sq meter (£103 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 | Other theft | Investigation complete; no suspect identified | On or near Cranford Street |
Feb 2024 | Anti-social behaviour | 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 |